Czech Republic: Unemployment Stabilizes

BusinessEconomy ♦ Published: October 2, 2013; 06:25 ♦ (Vindobona)

Despite the unfavorable macro-economic frame conditions, the Czech labor market situation is stable. Employment rose by 0.8 percentage points.

Czech Republic: Unemployment Stabilizes / Picture: © Vindobona.org

The employment rate (the share of the employed persons in the age group 15-64 years, as percentage), seasonally adjusted, reached 67.6 % in August 2013 and increased by 0.8 percent point (p.p.) compared to that in August 2012. The male employment rate was 75.6 %; the female employment rate was 59.4 %. The employment rate of persons aged 15-29 years, seasonally adjusted,…