Czechia Sees Lowest Unemployment Rate in March in All of EU: Eurostat

Czechia’s seasonally-adjusted unemployment rate remained unchanged month on month at 2.9% in March, Eurostat, the European Union’s (EU) statistical office, reported on Friday.

This is the lowest result in the EU, Eurostat wrote, adding that the same unemployment rate was also recorded in Poland.

The number of unemployed decreased to 515,000 in March from 516,000 in February, Eurostat pointed out.

The general level of unemployment in the EU lay at 6 percent in March, a decrease by 0.1 percent when compared to February.

On the other hand, Greece and Spain maintained the highest unemployment rates; with more than one in ten people who are able registering for employment.

Eurostat estimates that 13.258 million persons in the EU, of whom 11.087 million in the euro area, were unemployed in March 2024. Compared with February 2024, unemployment decreased by 74 thousand in the EU and by 94 thousand in the euro area.

Unemployment by sex

In March 2024, the unemployment rate for women was 6.4% in the EU, stable compared with February 2024, and the unemployment rate for men was 5.7%, down from 5.8% in the previous month. In the euro area, the unemployment rate for women was 7.0%, stable compared with February 2024, and the unemployment rate for men was 6.0%, down from 6.1% in the previous month.

See the full report here.

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