Unemployment falls slightly to 9.4 percent

08-04-2005

Unemployment in the Czech Republic stood at 9.4 percent in March, according to figures just released by the Labour Ministry. The new figures represent a slight drop on February, when unemployment was at 9.6 percent. Some 540,000 Czechs are now out of work. The number of applicants per job is now 10.1, the lowest number in three years.

Meanwhile, year-on-year inflation in March fell to 1.5 percent, the lowest rate since December 2003.