Czech unemployment remains at five percent for fourth consecutive month

Unemployment in Czechia remained at five percent in October, unchanged for the fourth consecutive month, according to figures released by the Czech Labour Office on Monday. More than 370,000 people were registered as unemployed, around 1,800 more than in September. However, the number of vacancies also increased to over 106,000, while nearly 39,000 people found jobs during the month. Unemployment was higher than in October last year, when it stood at 4.6 percent. The highest regional rates were recorded in Ústí nad Labem and Moravia-Silesia, at 7.4 and 7.1 percent respectively, while Prague had the lowest rate at 3.9 percent.

Author: Vít Pohanka