Rates of employment, unemployment and economic activity - February 2014

The employment rate (the share of the employed persons in the age group 15 – 64 years, as percentage), seasonally adjusted, reached 68.3% in February 2014 and increased by 1.0 percentage point (p.p.) compared to that in February 2013. The male employment rate was 76.0%; the female employment rate was 60.3%, both seasonally adjusted. The employment rate of persons aged 15 – 29 years, seasonally adjusted, was 45.1%, in the age group 30 – 49 years it attained 84.6%, and in the age group 50 – 64 years it got to 62.1%.

The general unemployment rate of the aged 15 – 64 years (the share of the unemployed in the labour force, that is in the total number of the employed and the unemployed, as percentage), seasonally adjusted, reached 6.7% in February 2014 and decreased by 0.6 p.p., year-on-year. The male unemployment rate, seasonally adjusted, attained 5.8%; the female employment rate was 7.8%.

Today, Eurostat is to publish the monthly unemployment rate, consistent in terms of methodology applied, within its news release, yet for the age group 15 – 74 years. In February 2014 the result value after being rounded to one decimal place was identical with the value for the age group 15 – 64 years although the age interval of 65 – 74 years features an extremely low number of unemployed persons. Data for the Czech Republic are based on monthly data from the Labour Force Sample Survey (LFSS).

The News Release includes time series of basic indicators of the labour market, consistent in terms of methodology, back to 1993. Tables in annex contain seasonally adjusted absolute numbers of the employed and unemployed persons, respectively.


Notes:
Responsible head at the CZSO: Dalibor Holý, phone: +420 274 052694, e-mail: dalibor.holy@csu.gov.cz
Contact person: Ondřej Nývlt, phone: +420 274054069, e-mail: ondrej.nyvlt@csu.gov.cz
Data source: CZSO, Labour Force Sample Survey conducted in selected dwelling 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 2013 and the following prediction of the population development in 2013 and in the first two months of 2014. The results are grossed up to the total population of the Czech Republic.
End of data collection / End of preliminary data processing: 19 March 2014 / 24 March 2014
Next News Release shall be published on: 2 May 2014