Czech Republic Has EU’s Lowest Unemployment Rate

Czech Republic Has EU’s Lowest Unemployment Rate

In new figures released by yesterday Eurostat, the Czech Republic topped a chart of unemployment rates across the EU with a reported figure of 4.5%.

It’s a small jump from the 4.6% rate reported in November, but good enough for the Czech Republic to pass Germany for the lowest rate of unemployment in the EU.

The average rate across all 28 member states is 9.1%.

At 5.0%, Malta and the United Kingdom come in 3rd and 4th.

Cyprus, Croatia, Spain, and Greece round out the bottom of the list at 15.7%, 16.5%, 20.8%, and 24.5%, respectively.

Image: Twitter / Eurostat
Image: Twitter / Eurostat

At 4.5%, the unemployment rate in the Czech Republic is at one of its lowest points over the past decade.

Czech unemployment reached a low of 4.2% in 2008 and a high of 7.8% in 2010. The past two years have seen a steady decline.

Also read:  QUIZ: How well do you know Czech beer?

Dave Park

David Park was born and raised in Baltimore and has been living in the Czech Republic since 2009 after studying journalism in Prague. No stranger to controversial topics, feel free to comment on his articles and let him know how you *really* feel.

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