Czech jobless rate rises in January
Photo by Novikov Aleksey / Shutterstock.com
Unemployment in the Czech Republic rose to 3.1% in January, up from 2.9% in December, Czech Radio reported citing data released by the country’s Ministry of Labor and Social Affairs (MPSV).
Photo by Novikov Aleksey/Shutterstock.com
The number of people without job rose by 14.490 to 230.000 in January. It is still, however, the lowest January unemployment figure since 1997. A year earlier, the jobless rate was higher at 3.3%.
According to labor market experts, a rise in the number of unemployed is a typical phenomenon at the start of the year when employers effect lay-offs of people with fixed-term contracts or private entrepreneurs close their businesses, Czech Radio said.
Gov't Awards Over HUF 20 bln of Home Solar Panel Subsidies
Bulgaria's Household Income, Spending Rise 20% in 2023
Baranya County Police Bust Phishing Gang
Spago Budapest Offering Unique Sunday Brunch Experience
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
