The unemployment rate in the Czech Republic increased to 3.1 percent in January of 2020 from 2.9 percent in the previous month, and in line with markets estimates. It was the highest jobless rate since February 2019 as the number of unemployed rose to 230 thousand from 216 thousand a month earlier. A year earlier, the jobless rate was higher at 3.3 percent. Czech Republic Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Unemployment Rate in Czech Republic averaged 5.39 percent from 1990 until 2020, 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. This page provides - Czech Republic Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Unemployment Rate in Czech Republic is expected to be 3.20 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 3.50 percent in 2021, according to our econometric models.