Start of seasonal work brings Czech unemployment further down to 8.5% in April .

By bne IntelliNews May 9, 2012
Analysts say the unemployment rate in the Czech Republic in April 2012 decreased further to 8.5% from 8.9% in March, mainly due to the start of seasonal work, CTK newswire reported. The Czech labour market, will continue to be tense in the next few months amid the worsened hiring outlook as the economy slid into recession in the second half of 2011. According to data from the statistics office, published last week, the economy created only 0.1% more jobs in the first three months of 2012 than a year ago but in quarterly terms the number of jobholders fell by 2,000 people to 4.87mn. The labour ministry will release the April unemployment data on May 10, 2012.

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