Youth Unemployment Rate in Czech Republic increased to 5.30 percent in January from 4.80 percent in December of 2019.

Youth Unemployment Rate in Czech Republic averaged 13.52 percent from 1993 until 2020, reaching an all time high of 21.80 percent in October of 2004 and a record low of 4.80 percent in December of 2019. This page provides the latest reported value for - Czech Republic Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Czech Republic Youth Unemployment Rate - values, historical data and charts - was last updated on March of 2020.

Youth Unemployment Rate in Czech Republic is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Czech Republic to stand at 5.50 in 12 months time. In the long-term, the Czech Republic Youth Unemployment Rate is projected to trend around 3.50 percent in 2021 and 1.50 percent in 2022, according to our econometric models.

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Czech Republic Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.30 4.80 21.80 4.80 1993 - 2020 percent Monthly
SA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.00 3.10 9.69 0.09 percent [+]
Unemployed Persons 227369.00 230022.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.60 4.50 0.60 percent [+]
Youth Unemployment Rate 5.30 4.80 21.80 4.80 percent [+]
Labour Costs 120.66 114.36 120.96 56.23 points [+]
Job Vacancies 351624.00 341391.00 351624.00 30803.00 [+]
Wages 36144.00 33697.00 36144.00 6001.00 CZK/Month [+]
Wages in Manufacturing 35151.00 32917.00 35151.00 11827.00 CZK/Month [+]
Minimum Wages 518.97 518.97 518.97 92.35 EUR/Month [+]
Population 10.68 10.63 10.68 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 [+]
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 [+]
Labor Force Participation Rate 60.50 60.30 61.00 58.10 percent [+]
Part Time Employment 319.50 325.70 332.80 190.80 Thousand [+]
Wages Low Skilled 15700.00 14600.00 15700.00 13400.00 CZK/Month [+]
Wages High Skilled 35400.00 32200.00 35400.00 29500.00 CZK/Month [+]
Wage Growth 3.60 4.00 7.40 -3.10 percent [+]
Productivity 120.60 122.70 123.50 62.40 points [+]
Employed Persons 5304.70 5307.76 5326.33 4675.90 Thousand [+]
Employment Change -0.20 0.00 1.60 -1.30 percent [+]
Employment Rate 75.20 75.00 75.40 63.70 percent [+]
Full Time Employment 4833.90 4815.70 4848.70 4306.10 Thousand [+]