Analysts see Czech July 2012 unemployment rising to 8.3%.

By bne IntelliNews August 7, 2012
Analysts expect the unemployment rate in the Czech Republic in July 2012 to rise to 8.3% from 8.1% in June mainly due to the new school graduates that entered the job market last month, according to a poll by CTK newswire. The number of unemployed Czechs is expected to further increase in the months to come amid the worsened hiring outlook due to the weak economy. Most analysts expect the jobless rate to increase to over 9% at the end of 2012.The labour ministry will release the July unemployment data on August 8, 2012.
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