In June, the unemployment rate in the Czech Republic continued its decline, reaching 3.4%, a decrease of 0.1% compared to May. At the end of June, the number of unemployed individuals stood at 249,792, which is 4,101 fewer than in the previous month. In contrast, the number of job vacancies increased by nearly a thousand to 286,690 positions. These statistics were reported by the Czech Labour Office, attributing the fluctuations in the labor market to seasonal jobs and the sustained high demand for workers, particularly in blue-collar, highly skilled, and artisanal occupations.
Analysts had anticipated a decrease in the unemployment rate to 3.4%.
When compared to the same period last year, unemployment in the Czech Republic rose from 3.1% in June. One year ago, there were 18,483 fewer jobseekers, while the number of vacancies had increased by 32,718. Notably, according to the latest data released by Eurostat, the statistical office of the European Union, the Czech Republic had the lowest unemployment rate among EU countries in May.
The labor market is influenced by seasonal activities primarily in construction, agriculture, forestry, livestock and food production, as well as tourism, hospitality, sales, and services, as highlighted by the Czech Labour Office.
