Czech Jobless Rate Rises in January

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The Czech unemployment rate rose to 4% in January, slightly above from market estimates of 3.9% and compared to 3.7% in the previous month, figures from the Labor Office showed Thursday.

It was the highest jobless rate since April 2021, as the number of unemployed persons increased by 16,319 month-on-month to 295,546 while growing by 12,487 from a year earlier.

The labor office reported that by the end of January, job offices had registered a total of 266,783 vacancies, indicating 5,006 fewer vacancies than in the preceding month. 

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