Czech Republic Unemployment Rate

The unemployment rate in the Czech Republic edged up to 2.7 percent in July 2019 from the previous month's 23-year low of 2.6 percent and in line with market expectations. The number of unemployed increased by 9,397 from a month earlier to 205,120. Unemployment Rate in Czech Republic averaged 5.43 percent from 1990 until 2019, reaching an all time high of 9.69 percent in January of 2004 and a record low of 0.09 percent in February of 1990.

Unemployment Rate in Czech Republic is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Czech Republic to stand at 3.40 in 12 months time. In the long-term, the Czech Republic Unemployment Rate is projected to trend around 4.40 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-05-10	07:00 AM	Unemployment Rate Apr	2.7%	3%	2.8%	3.2%
2019-06-10	07:00 AM	Unemployment Rate May	2.6%	2.7%	2.6%	2.7%
2019-07-09	07:00 AM	Unemployment Rate Jun	2.6%	2.6%	2.6%	3%
2019-08-08	07:00 AM	Unemployment Rate Jul	2.7%	2.6%	2.7%	2.9%
2019-09-09	07:00 AM	Unemployment Rate Aug		2.7%		2.8%
2019-10-08	07:00 AM	Unemployment Rate Sep				2.7%
2019-11-08	08:00 AM	Unemployment Rate Oct				2.8%

Czech Republic Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	2.70	2.60	9.69	0.09	percent	[+]
Unemployed Persons	205120.00	195723.00	629274.00	3000.00		[+]
Long Term Unemployment Rate	0.70	0.60	4.50	0.60	percent	[+]
Youth Unemployment Rate	6.60	7.20	21.80	5.10	percent	[+]
Labour Costs	125.92	119.95	125.92	57.46	Index Points	[+]
Job Vacancies	346563.00	342510.00	346563.00	30803.00		[+]
Wages	32466.00	33840.00	33840.00	6001.00	CZK/Month	[+]
Wages in Manufacturing	31798.00	33512.00	33512.00	11827.00	CZK/Month	[+]
Minimum Wages	518.97	468.87	518.97	92.35	EUR/Month	[+]
Population	10.61	10.59	10.61	9.59	Million	[+]
Retirement Age Women	62.67	62.33	62.67	58.00		[+]
Retirement Age Men	63.33	63.17	63.33	61.00		[+]
Labor Force Participation Rate	60.70	60.50	61.00	58.10	percent	[+]
Living Wage Family	20500.00	20900.00	20900.00	17700.00	CZK/Month	[+]
Living Wage Individual	15500.00	15700.00	15700.00	12600.00	CZK/Month	[+]
Part Time Employment	332.80	327.10	332.80	190.80	Thousand	[+]
Productivity	102.30	116.70	123.50	62.40	Index Points	[+]
Wages High Skilled	35400.00	32200.00	35400.00	29500.00	CZK/Month	[+]
Wage Growth	4.60	4.70	7.40	-3.10	percent	[+]
Wages Low Skilled	15700.00	14600.00	15700.00	13400.00	CZK/Month	[+]
Employed Persons	5295.93	5305.53	5326.33	4675.90	Thousand	[+]
Employment Change	0.40	0.00	1.20	-1.20	percent	[+]
Employment Rate	75.00	75.40	75.40	63.70	percent	[+]
Full Time Employment	4821.60	4848.70	4848.70	4306.10	Thousand	[+]

In Czech Republic, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Czech Republic Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.70	2.60	9.69	0.09	1990 - 2019	percent	Monthly

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Country	Last		Previous	Range
South Africa	29.00	Jun/19	27.6	31.2 : 21.5	%
Spain	14.02	Jun/19	14.7	26.94 : 4.41	%
Turkey	12.80	May/19	13	14.8 : 7.3	%
Brazil	12.00	Jun/19	12.3	13.7 : 6.2	%
Argentina	10.10	Mar/19	9.1	20.8 : 5.9	%
Italy	9.70	Jun/19	9.8	13.1 : 5.8	%
France	8.50	Jun/19	8.7	10.7 : 7.2	%
Euro Area	7.50	Jun/19	7.6	12.1 : 7.3	%
India	6.00	Dec/18	5	8.3 : 3.53	%
Canada	5.70	Jul/19	5.5	13.1 : 2.9	%
Saudi Arabia	5.70	Mar/19	6	6.3 : 4.35	%
Australia	5.20	Jul/19	5.2	11.2 : 4	%
Indonesia	5.01	Mar/19	5.34	11.24 : 2	%
Russia	4.40	Jun/19	4.5	14.1 : 4.4	%
South Korea	4.00	Jul/19	4	7.1 : 3	%
United Kingdom	3.90	Jun/19	3.8	12 : 3.4	%
United States	3.70	Jul/19	3.7	10.8 : 2.5	%
China	3.61	Jun/19	3.67	4.3 : 3.61	%
Mexico	3.60	Jun/19	3.5	6.42 : 2.22	%
Netherlands	3.40	Jul/19	3.4	7.9 : 3.3	%
Germany	3.10	Jun/19	3.1	11.5 : 0.4	%
Japan	2.30	Jun/19	2.4	5.5 : 1	%
Singapore	2.20	Jun/19	2.2	6 : 1.4	%
Switzerland	2.10	Jul/19	2.1	5.7 : 1.5	%