Czech Republic Has EU's Lowest Unemployment Rate

At 4.5%, the country tops Germany as unemployment rates approach 10-year lows

Dave Park

Written by Dave Park Published on 03.02.2016 13:56:39 (updated on 03.02.2016) Reading time: 1 minute

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.

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