July sees marginal rise in unemployment to 6.4%

Unemployment in the Czech Republic grew slightly in July, according to figures released on Wednesday by the Ministry of Labour and Social Affairs. Unemployment rose from 6.3% in June to 6.4% the following month. The rise was predicted by analysts, who cited the new wave of graduates from Czech universities as one of the major reasons for the upturn in the number of unemployed. The unemployment rate is at its second lowest since July 2004, when the current measurement system was adopted.