Czech unemployment rate rises to 8.6 percent

The unemployment rate in the Czech Republic rose to 8.6 percent in November, the labour ministry said on Wednesday. That represents an increase of 0.1 percent on the previous month, while the number of Czechs out of work rose to just above the half a million mark. November was the fourth month in a row that the number of jobs advertised on the Czech market fell, and analysts warn the situation is likely to get worse.

Author: Ian Willoughby