Unemployment up to 2.8%, hours worked unchanged

Published: 02.10.2020 Related countries:  New Zealand New Zealand, Australia Australia

August 2020 was completely standard in terms of the main indicators of the Czech labor market, people worked the same number of hours as in August 2019.

The seasonally adjusted general unemployment rate of 15 to 64-year-olds increased by 0.8 pp y/y to 2.8% in August 2020. The Czech Statistical Office informed that it reached 2.7% for men and 2.8% for women. Employment decreased by 0.8 pp to 74.4%, for men it was 81.3% and for women 67.2%.The economic activity rate reached 76.5% (-0.2 pp). August 2020 was completely standard in terms of the main indicators of the Czech labor market, people worked the same number of hours as in August 2019.

Source: Daily news | ČIA news

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