Unemployment in the Czech Republic fell to 5.0 percent in October, down from 5.2 percent in September. Just over 366,000 people were out of work last month, the lowest figure since December 2008, when the unemployment figure fell to 5.7 percent.

Meanwhile, the number of jobs available was at its highest level for October in nine years.

The statistics office predicts that unemployment among Czechs will not fall any further, however, and that Czech companies will have to begin hiring foreigners in order to expand their work forces.
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