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FX.co ★ Czech Jobless Rate Falls To 3.7%

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typeContent_19130:::2023-04-12T08:31:00

Czech Jobless Rate Falls To 3.7%

The Czech Republic's unemployment rate dropped more-than-expected in March, figures from the labour office showed Wednesday.

The unemployment rate was 3.7 percent in March, down marginally from 3.9 percent in February. That was just below the rate of 3.8 percent expected by economists.

In the same month last year, the jobless rate was 3.4 percent.

There were 273,478 job applicants in March, 9,030 fewer than the month before. The figure was 20,605 more than a year ago.

The labor office reported that by the end of March, job offices had registered a total of 284,525 vacancies.

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