Unemployment in Czechia rose in October

Unemployment in the Czech Republic rose to 4.6% at the end of October, up from 4.5% in September, the Czech Labour Office reported. The number of unemployed increased by 2,584 to 340,509, while the number of available jobs fell by nearly 2,000. The rise reflects normal seasonal adjustments after the summer, according to the Labour Office, which also noted that it is particularly difficult for older job seekers to find new employment, and that an influx of university graduates continues to affect the labour market.

On average, there are 3.6 unemployed people per available job, with the highest ratio in Karviná, where there are 22.4 job seekers per vacancy. The largest number of job openings continues to be in Prague and the Central Bohemia region.