News & Analysis

Czech Republic retains EU’s lowest unemployment rate

The Czech Republic had by far the lowest unemployment rate in the European Union in June, at just 1.9 per cent. Next was Germany with a rate of 3.1 per cent.

According to Eurostat, all of the countries of emerging Europe boasted unemployment rates lower than the EU average of 6.3 per cent, except Latvia, where 6.5 per cent were unemployed. The region’s best performers aside from the Czech Republic were Hungary (3.4 per cent), Poland (3.8 per cent) and Romania (four per cent).

Greece had the highest unemployment in the EU, at 17.6 per cent.