Unemployment should stay at 6 percent untill winter

The number of unemployed persons raised slightly in July 2014.

By 31th July 2014, Czech work offices registered altogether 51 079 vacancies. That is by 1 600 vacancies more than in the preceding month and by 10 904 vacancies more than in the same period of the year 2013. Today, there are 10,6 job seekers for one vacancy on average, the highest number being registered in the districts of Ústí nad Labem (40.5), Sokolov (36.2), Karviná (34.8), Bruntál (30.9) and Hodonín (29.0).

In the monitored period, the job offices have registered 4 891 vacancies for persons with reduced working capacity, that is 12,4 seekers per vacancy. As for graduates and juveniles, there were altogether 11 322 vacancies, that is 2,1 seekers per vacancy.

Czech unemployment rate (EUROSTAT - ILO) was 6,0 percent in June 2014, well under the EU average. The situation in employment should stay unchanged till the winter months, such are at least the expectations of the banking sector.

The Czech Republic has almost the lowest unemployment rate in the EU, Czechs are fourth placed after the Dutch, Germans and Austrians. In 2013, the Czech Republic registered an average 7 percent unemployment rate, compared with the EU average of 11 %.

As for the flexible forms of employment, which are considered to be a good choice as remedy on unemployment, the Czech Republic is on the tail of the EU (5.8 percent in comparison to 50 % in the Netherlands), and ranks sixth regarding the number of employed men over 55 years of age (62.6 percent). As for the number of employed women over 55 (41.4 %), the Czech Republic is below the EU average which is now at 43.3 %.