Skip to Content

Stock photo Pixabay

Czechs boast lowest unemployment rate in the EU

In May 2018, the Czech Republic registered the lowest unemployment rate in the European Union, Eurostat revealed.

Published: July 10, 2018, 9:31 am

    The unemployment rate in the Czech Republic was 2.3 percent in May, followed by Germany (3.4 percent), Hungary (3.7 percent) and Poland (3.8 percent).

    Czech politicians have mostly taken a tough line on migration, as almost six out of 10 Czechs are against taking in migrants at all and 35 percent of people say they should be taken in only temporarily, according to an April CVVM institute poll.

    A low share of unemployed was recorded also in Romania (4.6 percent), Bulgaria and Estonia (5 percent), and Slovenia (5.6 percent), all below the average unemployment rate in the EU, at 7 percent in May.

    Eurostat noted that, compared to a year ago, one of the strongest decreases in the unemployment rate were registered in Croatia, from 11.3 percent to 8.9 percent.

    The number of dollar millionaires in the Czech Republic meanwhile has increased to 28 140, which is an increase of nearly 11 percent on the previous year, according to figures released by the consultancy Capgemini on Monday.

    The combined wealth of Czech dollar millionaires increased by 13 per cent over the past year, to 68.5 billion US dollars. Among the main contributing factors to the growing number of wealthy Czechs is the country’s increasing GDP and the strengthening of local investment markets.

    The Czech Beer & Malt Association has also been supporting efforts to promote the nation’s beer exports, backing Czech beer days worldwide and in particular more recently focussing on exporting Czech beer culture, Forbes magazine reported. The sector is expected to expand rapidly.

    “For the best pilsner, it is probably the Czech Republic with Germany close,” Forbes noted. The country is currently in the top ten of beer exporters worldwide. Beer industry experts believe that a “Czech lager category” should be created, rather like South African wine as a category. While Czech pilsner is not an ordinary larger and the category exists, it is nevertheless not yet official.

    Czech marketing and design agency, Little Greta, based in Prague with office representation in London, Munich and New York, won two design awards at the 2017 World Beer Awards, making them the most successful Czech agency at the event.

    The nation’s brewery industry employs around 55 000 people with some 7 500 working directly and through support for local farmers. At least 95 percent of raw materials are derived from within the Czech Republic.

    Libor Sečka, the Czech ambassador to the UK, told his audience at a beer trade show: “We are a small country but we are very strong in certain aspects and beer is something we consider ourselves as being a Super Power.” He added: “The beer is like liquid bread and so precious for us that we say Czech beer is like Czech gold.”

    According to several sources, including the Czech Brewery and Malt Association (2016) and Euromonitor Research, the Czech Republic was recently ranked the seventh largest beer producer in the European Union with an estimated 1.88 billion litres output in 2016.

    Keep ​your language polite​. Readers from many different countries visit and contribute to Free West Media and we must therefore obey the rules in​,​ for example​, ​Germany. Illegal content will be deleted.

    If you have been approved to post comments without preview from FWM, you are responsible for violation​s​ of​ any​ law. This means that FWM may be forced to cooperate with authorities in a possible crime investigation.

    If your comments are subject to preview ​by FWM, please be patient. We continually review comments but depending on the time of day it can take up to several hours before your comment is reviewed.

    We reserve the right to del​ete​ comments that are offensive, contain slander or foul language, or are irrelevant to the discussion.

    Europe

    UK: Another 30 Muslim men charged with rape and trafficking

    Police have charged 31 Muslim men with offences including rape and trafficking after an investigation into sexual offences against children in the Huddersfield area.

    Is a Swexit on the cards for Sweden?

    StockholmThe leader of the Swedish Democrats, Jimmy Åkesson has again called for a referendum on Sweden's exit from the EU.

    Masked gangs go on a rampage in Sweden

    Swedish police reported multiple gangs of masked youths on a rampage across five major Swedish towns, burning cars in what seems like a coordinated action.

    Spat between Italy and UK intensifies over migrant taxi

    The diplomatic spat between Italy and Britain over 141 migrants currently on board a Gibraltar-flagged vessel has taken a new turn after Italy demanded that Britain take in the migrants.

    PVV member tells of gang rape by Muslims to silence her before suicide

    The HagueA city councillor in The Hague and member of Geert Wilders' Freedom Party, took her own life on Wednesday after posting a video on Facebook describing her gang-rape by Muslims.

    No Christians from Syria resettled by Britain

    The British Government recently appointed its first Special Envoy on Freedom of Religion or Belief. But the Special Envoy has done very little for Christians.

    Spain opens its borders even wider

    MadridSpain's socialist government, led by Prime Minister Pedro Sanchez, has promised free healthcare to migrants and has pledged to investigate every asylum claim individually.

    Neocon US senators push sanctions bill ‘from hell’ against Russia

    WashingtonA US bill was introduced in the Senate on Thursday, widely described as a new set of "crushing" sanctions against Russia. The proposed legislation includes a State Department assessment aimed at designating Russia as a "state sponsor of terrorism".

    Banner against illegals end in ‘hate speech’ charges

    LyonA banner displayed during a pro-migrant march in Lyon resulted in the convocation to the police station of three participants including a prominent conservative politician of Marine Le Pen's party, Muriel Coativy.

    Three arrested in France on charges of ‘conspiring to fight Islamist danger’

    ParisTwo men and one woman were indicted on Friday, July 27, for "terrorist criminal conspiracy" as part of the investigation into the activities of the French AFO group. They are believed to have wanted to fight "against the Islamist danger".

    Go to archive