Czech Jobless Rate Lowest in EU, at 2.4% in August: Eurostat

unemployment czechia july 2021

The Czech Republic boasted the lowest jobless rate in the bloc in August, at 2.4 percent, while Malta was in third place behind Poland, with 2.9 percent, according to the Eurostat agency.

Meanwhile, Spain had the highest seasonally-adjusted jobless rate in the EU, at 12.4 percent, while Greek unemployment was the second-highest at 12.2 percent, the agency’s data showed.

Eurostat reported that the EU average for August was 6 percent, stable compared with July.

In total, 12.921 million unemployed people were registered in the bloc, which is 52 thousand less than in July.

Unemployment in 19 countries of the eurozone in August did not change compared to July and amounted to 6.6%, which is the lowest figure in the entire history of its calculation, according to the data of the Statistical Office of the European Union.

Analysts also predicted that the indicator would remain at the same level, according to Trading Economics.

By comparison, unemployment was 7.5% in August 2021.

The number of unemployed in the euro area last month amounted to 10.966 million people, having decreased by 30 thousand people over the month.

Youth unemployment (population under 25) dropped to 13.9% from 14% in July. The number of unemployed in this age category decreased by 17 thousand compared to the previous month, to 2.136 million people.

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