Unemployment in Czechia at 3.9 percent in September

Unemployment in Czechia rose to 3.9 percent this September, which was 0.1 percentage point higher than in the previous two months, according to data published by the Czech Labour Office.  The primary reason for the increase was the arrival of approximately 3,000 recent school graduates on the labour market. There were 290,905 people without work at the end of September, 4585 more than in the previous month. But the number of vacancies also increased; compared to August, it rose to 264,654, an increase of 1,400. In September last year, unemployment was lower, at 3.6 percent. According to analysts, the increase in unemployment indicates the weak performance of the Czech economy.