Unemployment down to 3.6% in October

Published: 10.11.2017 Related countries:  Israel Israel

The Czech Republic has the lowest unemployment rate in the entire EU.

The share of unemployment persons in the Czech Republic dropped to 3.6% as of October 31, 2017, from 5.0% a year ago and 3.8% last month. Labour Office (ÚP ČR) has informed that it registered 271,173 job applicants, down 13,742 on September 2017 and 95,071 y/y. The total no. of job applicants reached the lowest value since December 1997 (268,902). Of all job applicants, 248,510 were immediately available. The total no. of available job positions increased in both month-on-month and year-on-year comparisons. Employers were offering 209,866 job positions through Labour Offices in October 2017. Czech Republic had the lowest unemployment rate in the entire EU according to the latest data from EUROSTAT (September 2017).