Czech unemployment shrank in March to 8.9 percent from February’s 9.2 percent, the Ministry for Labor and Social Affairs announced on Tuesday. The unemployment rate in March 2011 also stood at 9.2 percent.
The fall was higher than analysts’ expectations, which was for the unemployment rate to drop to 9.0 percent.
The total number of jobless seeking work fell by 16,605 to 525,180 over the month. The total of newly registered unemployed fell to 38,459, around two-third of the total over the previous month. The number finding jobs rose to 39,706 with another 15,258 cleared from the register without having found a job, the ministry said.
The number of vacancies rose by 3,235 to 39,906. This still leaves an average of 13.2 jobless people for every vacancy. In the central town of Třebíčthe total rises to 62.7 job seekers for every vacancy.