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Macroeconomics  |  March 04, 2024 00:00:00, updated

Czech rates of employment, unemployment and economic activity - January 2024


The employment rate

The proportion of employed persons in the number of all persons aged 15–64 years reached 7 5. 4 % in January 2024. It increased by 0.2 percentage point (p.p.) c ompared to that in January 2023. The male employment rate was 81.6%; the female employment rate was 68.8%. The employment rate of persons aged 15–29 years was 44.2%, in the age group of 30–49 years it was 83.5%, and in the age group of 50–64 years it was 81.0%.

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 3.0% in January 2024. It increased by 0.4 percentage point, year-on-year. The male unemployment rate reached 2.5%; the female unemployment rate reached 3.6%.

“The female economic activity rate has been increasing very fast during the last three years, whereas the male one has stagnated. However, the gap between those two rates is still so large that even if this growth rate was kept, the female economic activity would reach the male one (according to a model) no sooner than in 2039 ,”   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 77.7%. It increased by 0.5 p. p. compared to that in January 2023. The male economic activity rate (83.7%) exceeded the female economic activity rate (71.4%) by 12.3 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. T he unemployment rate in that age group (of the aged 15–74 years) was 3.0% in Czechia in January 2024.

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.

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.

___________________
Notes:
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: dalibor.holy@czso.cz
Contact person : Petra Drobilíková, Unit for Labour Forces, Migration, and Equal Opportunities,   phone number: (+420) 274 052 972, e-mail: petra.drobilikova@czso.cz
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.
Methodological notes: https://www.czso.cz/csu/czso/zam_vsps
End of data collection: 20 February   2024
End of preliminary data processing: 26 February 2024
Next news release will be published on : 2 April 2024

Attachments

  • ⇩ anez030424.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: 04.03.2024
The data are valid as of the release date of the publication.


Contact: Information Services Unit - Headquarters, tel.: +420 274 056 789, email: infoservis@czso.cz

 
 
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