Unemployment level rises in July

The Ministry for Labour and Social Affairs has reported that the Czech unemployment level in July rose from 9.9 to 10.1 percent, meaning that some 532, 000 people at the end of the month were officially without work. But, say some Czech economists the labour market is slowly but surely improving - as higher unemployment numbers for July were originally expected. Meanwhile, new tabulation methods used by the majority of EU states, now being adopted by the Ministry for Labour and Social Affairs, ranks Czech unemployment lower at 9.2 percent.

Author: Jan Velinger