CSO - Czech Statistical Office

05/02/2024 | Press release | Distributed by Public on 05/02/2024 01:07

Rates of employment, unemployment and economic activity - March 2024

Rates of employment, unemployment and economic activity - March 2024

The adjusted unemployment was 3.0% in March

02.05.2024
Code: 250146-24
Product info
Code: 250146-24
Periodicity: Monthly
Product name: Rates of employment, unemployment and economic activity
Note: Dates are set according to the planned terms of Eurostat Press Releases. Publication dates can be corrected during the year depending on the terms of publication of Eurostat.
Annotation: Monthly News release on rates of employment, unemployment and economic activity
Area type: Country
Contact: [email protected]
Medium: Web
Product type: News Release
Price:
Version: Czech-English
To be released: 31st calendar day after the period
Publication date: 04.03.2024, 02.04.2024, 02.05.2024, 31.05.2024, 01.07.2024, 31.07.2024, 02.09.2024, 01.10.2024, 31.10.2024, 02.12.2024, 31.12.2024, 31.01.2025
Year: 2024

<_o3a_p>The employment rate<_o3a_p>

The proportion of employed persons in the number of all persons aged 15-64 years reached 74.6% in March 2024. It decreased by 1.2 percentage point (p.p.) compared to that in March 2023. The male employment rate was 80.5%; the female employment rate was 68.4%. The employment rate of persons aged 15-29 years was 41.5%, in the age group of 30-49 years it was 83.0%, and in the age group of 50-64 years it was 81.1%.<_o3a_p>

"A decrease in the employment rate is not related that much to the unemployment, which only slightly increases; it is mainly connected with decreasing of economic activity during the recent period. This trend can be observed in both sexes,"Dalibor Holý, Director of the Labour Market and Equal Opportunities Statistics Department of the Czech Statistical Office, comments on the results.<_o3a_p>

The general unemployment rate<_o3a_p>

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 3.0% in March2024. It increasedby 0.4 percentage point, year-on-year. The male unemployment rate reached 2.4%; the female unemployment rate reached 3.7%.<_o3a_p>

The economic activity rate<_o3a_p>

The percentage of the economically active in the total number of persons aged 15-64 yearsreached 76.9%. It decreasedby 0.9p. p.compared to that in March2023. The male economic activity rate (82.4%) exceeded the female economic activity rate (71.1%)by 11.4 p. p.<_o3a_p>

International comparability<_o3a_p>

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).<_o3a_p>

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 2.9% in Czechiain March 2024.<_o3a_p>

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.<_o3a_p>

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.<_o3a_p>


_____________________

Notes:<_o3a_p>

Responsible head at the CZSO: Dalibor Holý, Director of the Labour Market and Equal Opportunities Statistics Department, phone number: (+420) 274 052 694, e-mail: [email protected]<_o3a_p>
Contact person: Petra Drobilíková, Unit for Labour Forces, Migration, and Equal Opportunities, phone number: (+420) 274 052 972, e-mail: [email protected]<_o3a_p>
Data source: CZSO, Labour Force Sample Survey (LFSS), which is conducted in selected private households; collective accommodation establishments are not included in the survey. The LFSS results have been grossed up to the total population of the Czech Republic using data of the population statistics as at 1 January 2023; estimations of the number of persons living outside private households have been subtracted from the population totals of vital statistics. <_o3a_p>
Methodological notes: https://www.czso.cz/csu/czso/zam_vsps<_o3a_p>
End of data collection: 22 April 2024<_o3a_p>
End of preliminary data processing: 26 April 2024<_o3a_p>
Next news release will be published on: 31 May 2024

Attachments

  • anez050224.docx

  • Annexes:

  • Table 1 Rates of employment, unemployment, and of economic activity (seasonally adjusted)
  • Table 2 Absolute numbers of the employed and unemployed persons (both seasonally adjusted)
  • Chart 1 The general unemployment rate (seasonally adjusted)
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Published: 02.05.2024
The data are valid as of the release date of the publication.


Contact: Information Services Unit - Headquarters, tel.: +420 274 056 789, email: [email protected]