Unemployment rose to 2.8 percent

In an international comparison, Czech unemployment is still low. “Unemployment has been rising slightly since February, but compared to other EU countries, the Czech one is still the lowest,“ recalled Dalibor Holý, Director of the Labor Market and Equal Opportunities Statistics Department of the CZSO.

The unemployment rate for men was 2.7 percent and for women 2.8 percent.

The Labor Office of the Czech Republic, which is based on a different methodology, regularly publishes its data on unemployment. According to him, the unemployment rate in August was 3.8 percent compared to 2.7 percent a year earlier.

The global covid-19 pandemic has contributed significantly to the rise in unemployment. It is also linked to restrictive government measures and a partial slowdown in international trade.

Different methodology of statistical offices and labor offices
The Labor Office of the Czech Republic states the number of unemployed registered at the office and compares it with the number of all people aged between 15 and 64 living in the given area. A different methodology is used by the Czech Statistical Office (CSO).
Based on its own household survey, the CZSO measures the so-called general unemployment rate according to the methodology of the International Labor Organization (ILO). The result concerns people between the ages of 15 and 64 and is calculated as the ratio of the unemployed to the economically active.
Statistical surveys make it possible to capture even a large group of unemployed people who are not looking for work, as they often do not believe that they could find it.
Eurostat is based on the same methodology as the CZSO, whose data it uses. The only difference is in the age category. Eurostat compares the unemployment of people between the ages of 15 and 74.
Share on facebook
Facebook
Share on pinterest
Pinterest
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.