At the end of October 2019 the share of unemployed persons in the Czech Republic fell 0.2 pp y/y to 2.6 %. This was reported by the Labor Office of the Czech Republic (ÚP ČR), according to which the number of job applicants fell by 19,104 to 196,518 persons. This represents the lowest value since 1996. Through ÚP ČR employers offered 337,453 available jobs (+20,569). In the long run companies are missing qualified craftsmen as well as information technology experts.
Prepared by the team of foreign office CzechTrade Chicago