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World

Czech jobless rate falls to new low in April

Published Updated

PRAGUE: The Czech unemployment rate fell to 2.7 percent of the workforce in April, the lowest figure in records going back to 1994, the Labour Ministry said on Friday.

Analysts had expected a drop to 2.8 percent.

The total number of jobless fell to 209,828 last month, the lowest since mid-1997, the ministry said.

The number of job vacancies is the highest since records started in 1995.

It has surpassed the number of people who are ready to fill them every month since March 2018.

Copyright Reuters, 2019

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