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

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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.

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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.

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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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