Unemployment rate rises to 7.7 percent in January

Czech unemployment climbed in January to 7.7 percent, up from December’s 7.5 percent, according to the Ministry of Labour and Social Services on Monday. The downturn was expected at the start of the year with the traditional fall off in jobs in the construction sector delayed by warmer than usual weather in December. Year on year, the latest jobless total of 556,191 is still an improvement on the almost 630,000 without work at the start of 2014.

Author: Jan Velinger