Czech jobless rate dips to new record low in May

PRAGUE: The Czech unemployment rate fell to 2.6pc  of the workforce in May, the lowest figure on records going back to 1994, the Labour Ministry said on Monday.

The drop last month was in line with analysts' forecasts.

The total number of jobless fell to 200,675 last month, lowest May number since 1997, the ministry said.

The number of job vacancies, 346,552, 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 last year.