Rates of employment, unemployment and economic activity - May 2014

The employment rate (the share of the employed persons in the age group 15 – 64 years, as percentage), seasonally adjusted, reached 68.4% in May 2014 and increased by 0.5 percentage point (p.p.) compared to that in May 2013. The male employment rate was 76.6%; the female employment rate was 59.9%, both seasonally adjusted. The employment rate of persons aged 15 – 29 years, seasonally adjusted, was 45.1%, in the age group 30 – 49 years it attained 84.4%, and in the age group 50 – 64 years it got to 64.0%.

The general unemployment rate of the aged 15 – 64 years (the share of the unemployed in the labour force, that is in the total number of the employed and the unemployed, as percentage), seasonally adjusted, reached 6.4% in May 2014 and decreased by 0.6 p.p., year-on-year. The male unemployment rate, seasonally adjusted, attained 5.4%; the female employment rate was 7.8%.

Today, Eurostat is to publish the monthly unemployment rate, consistent in terms of methodology applied, within its news release, yet for the age group 15 – 74 years. In February 2014 the result value after being rounded to one decimal place was identical with the value for the age group 15 – 64 years although the age interval of 65 – 74 years features an extremely low number of unemployed persons. Data for the Czech Republic are based on monthly data from the Labour Force Sample Survey (LFSS).

The News Release includes time series of basic indicators of the labour market, consistent in terms of methodology, back to 1993. Tables in annex contain seasonally adjusted absolute numbers of the employed and unemployed persons, respectively.

Notes:
Responsible head at the CZSO: Dalibor Holý, phone: +420 274052 694, e-mail: dalibor.holy@czso.cz
Contact person: Ilona Nováková, phone: +420 274054380, e-mail: ilona.novakova@czso.cz
Data source: CZSO, Labour Force Sample Survey conducted in selected dwelling households; collective accommodation establishments are not included in the survey. The LFSS results have been grossed up to the total population of the Czech Republic using data of the population statistics as at 1 January 2014 and the following prediction of the population development in 2014 and in the first five months of 2014 .
End of data collection / End of preliminary data processing: 19 June 2014 / 25 June 2014
Next News Release shall be published on: 31 July 2014

Attachments

⇩ anez070114.docx
Annexes:
⇩ Table 1 Rates of employment and unemployment (both seasonally adjusted)
⇩ Table 2 Absolute numbers of the employed and unemployed persons (both seasonally adjusted)