Unemployment rises in February

08-03-2012

Unemployment rose by 0.1% in February, according to new data released by the Ministry of Labour and Social Affairs. In February, 541,685 were looking for work in the Czech Republic at an overall unemployment rate of 9.2%. The highest rates of unemployment were in Jeseník, at 17.9%, while Prague-east was the lowest, at 3.5%. Weak consumer demand continues to blight the Czech economy, while analysts fear that government austerity measures could increase unemployment levels to 9.5% .