The general unemployment rate of the 15 to 64 age group adjusted
for seasonal effects reached 2.9 % in October 2020, growing 0.9 pp
y/y. Employment reached 74 % (-1.2 pp). The employment rate of the
15 to 29 age group reached 45.6 %, that of the 30 to 49 age group
reached 86.4 % and in the 50 to 64 age group it fell 0.5 pp to 76.2 %.
The director of the labor market and equal opportunities statistics
department, Dalibor Holý, stated that the average number of hours
worked by entrepreneurs decreased by 11% due to the pandemic. In
the case of employees it fell by 6 %, The number of workers fell by
more than 70,000 y/y with women accounting for three quarters of
Source: ČIA NEWS, December 3rd, 2020
Compiled by the team of CzechTrade office in Riga.