The employment rate in Czech Republic
The proportion of employed persons in the number of all persons aged 15–64 years reached 75.3% in January 2023. It increased by 0,4 percentage point (p.p.) compared to that in January 2022. The male employment rate was 81.6%; the female employment rate was 68,8%. The employment rate of persons aged 15–29 years was 44,3%, in the age group of 30–49 years it was 88,4%, and in the age group of 50–64 years it was 80,2%.
The general unemployment rate
The percentage of the unemployed in the labour force, that is in the total number of the employed and the unemployed (that means economically active persons), reached 2.6% in January 2023. It increased by 0.2 percentage point, year-on-year. The male unemployment rate reached 2,3%; the female unemployment rate reached 3,1%.
“In South European countries such as Greece, Spain, or Italy, male unemployment rates use to be typically lower than female unemployment rates. In Czechia, the situation is similar, females face a significantly higher risk of unemployment than males. During the whole period of the Labour Force Sample Survey taking place, i.e. since 1993, the female unemployment rate has been nearly by a half higher, on average; there has not been any period with the female unemployment rate lower than the male unemployment rate, yet,” Dalibor Holý, Director of the Labour Market and Equal Opportunities Statistics Department of the Czech Statistical Office, comments on the results.
The economic activity rate
The percentage of the economically active in the total number of persons aged 15–64 years reached 77.4%. It increased by 0.6 p. p. compared to that in January 2022. The male economic activity rate (83.5%) exceeded the female economic activity rate (71.0%) by 12.5 p. p.
International comparability
All data presented in the News Release are seasonally adjusted. They apply to the age group of 15–64 years. They come from the Labour Force Sample Survey (LFSS) carried out by a network of interviewers of the CZSO in households and are different in terms of methodology from administrative data of the Labour Office of the Czech Republic on registered job applicants (namely the “Share of unemployed persons” indicator).
The LFSS has an internationally comparable methodology, which defines the employed and the unemployed in accordance with recommendations of the International Labour Organization. The CZSO regularly sends data from the LFSS to Eurostat, which prepares monthly press release on unemployment as for Member States of the EU, however, for the age group of 15–74 years. The unemployment rate in that age group (of the aged 15–74 years) was 2.5% in the Czech Republic in January 2023.
In compliance with the international methodology for the LFSS, the survey is only carried out in private households; collective accommodation establishments as well as temporary shelters are not covered. Due to those reasons, coming of war refugees from the Ukraine will, for the time being, be reflected only marginally in the trends.
Tables 1 and 2 enclosed contain methodologically consistent time series of basic indicators of the labour market and numbers of the employed and unemployed persons, starting in 1993.
Source: Czech Statistical Office
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
