Rates of employment, unemployment and economic activity - October 2016

The employment rate (the share of the employed persons in the age group 15 – 64 years, as percentage), seasonally adjusted, reached 72.4% in October 2016 and increased by 1.8 percentage point (p.p.) compared to that in October 2015. The male employment rate was 79.5%; the female employment rate was 65.1%, both seasonally adjusted. The employment rate of persons aged 15 – 29 years, seasonally adjusted, was 48.0%, in the age group 30 – 49 years it attained 87.1%, and in the age group 50 – 64 years it got to 70.1%.

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 (the economically active persons), as percentage), seasonally adjusted, reached 3.9% in October 2016 and decreased by 0.8 p.p., year-on-year. The male unemployment rate, seasonally adjusted, attained 3.2%; the female unemployment rate was 4.7%.

The economic activity rate of the aged 15-64 years (the share of the number of the economically active in the total number of persons of this age group, as percentage), seasonally adjusted, reached 75.4% and rose by 1.3 p.p. compared to that in October 2015.

Eurostat in its press release publishes monthly unemployment rate, identical in terms of the methodology applied, but for the age group 15-74 years. In the Czech Republic the age group 65 – 74 years is characterized by a low number of unemployed persons and therefore there was a slightly lower general unemployment rate in the group 15 – 74 years of age, which was 3.8% in October 2016. Data for the Czech Republic are based on monthly data from the Labour Force Sample Survey.

The tables enclosed contain methodologically consistent time series of basic indicators of the labour market starting in 1993 and seasonally adjusted absolute numbers of the employed and unemployed persons, respectively. The entire time series are seasonally adjusted.

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Notes:
Responsible head at the CZSO: Dalibor Holý, phone: +420 274052694, e-mail: dalibor.holy@csu.gov.cz
Contact person: Ilona Mendlová, phone: +420 274054380, e-mail: ilona.mendlova@csu.gov.cz
Data source: CZSO, Labour Force Sample Survey (LFSS) 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 2016 and the prediction of the population development in the following ten months.
End of data collection /
End of preliminary data processing: 23 November 2016 / 25 November 2016
Next News Release shall be published on: 9 January 2017