A slight drop in the number of jobless Czechs in August failed to dent the overall percentage figure which remained unchanged at July's 8.2%, the Ministry of Labor and Social Affairs announced on Thursday. The total number of jobless dropped by just over 4,000 to stand at 481,535 with the ratio of job seekers to vacancies improving slightly.
Young Czech and Hungarian workers are the least engaged with their employers, and this will pose a problem from companies that want to retain talent, research firm GfK International said in a study of 29 countries. Just 6 percent of Czech and Hungarian workers between 18 and 29 years of age described themselves as “highly engaged” with their employers, far below the international average.
The unemployment rate was 9.2 percent as of March 31, 2011, down from 9.7 percent a year earlier and from 9.6 percent in February, according to the Ministry of Labor and Social Affairs (MPSV). The rate has been falling since Jan. 31, 2011, when it stood at 9.7 percent, but unemployment had been as low as 8.5 percent in September and October 2010.
The overall reviews for 2010 are mixed, with a majority of Czechs looking on the year as a success, while one-fifth see it as the worst year they ever experienced, according to a poll by online opinion firm SANEP. The same split carries over into 2011, with about half the population worried for the future. Money and living standards led the list of concerns.