Czech jobless rate at 2-year high in March

08-04-2009

Czech unemployment rose to 7.7 percent in March, the highest level in two years, from 7.4 percent the month before, official figures showed Wednesday. The Labour Ministry registered 448,000 job seekers at the end of March, which is approximately 20,000 more than in February. Analysts say the jobless rate could hit a ten percent high before the end of the year.