Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  May 04, 2012 13:32:32

Employment and unemployment according to LFS - 1 quarter


Total employment in the 1 quarter of 2012 increased compared to the same period of 2011 by 4.1 thousand. persons, the employment rate for 15-64 years of age reached 65.6% and rose by 0.6 percentage points. The number of unemployed persons according to ILO methodology decreased by 3.5 thousand. , the number of long-term unemployed increased by 9.9 thousand. people. General unemployment rate in 15-64 years of age fell by 0.1 percentage point to 7.2%.

Employment

The average number of employees, seasonally adjusted, in the 1st fourth quarter of 2012 against quarter of 2011 decreased by 2.0 thousand. people. Confirmed an end to the positive trend from the previous quarter, when the number of employed persons rose continuously from 2 quarter 2010 to 3rd quarter of 2011.

In comparison to a slightly increased number of persons employedby 4.1 thousand. (Ie 0.1%) to 4 868.5 thousand. persons, mainly due to increase in the number of people in a position to self-employed without employees (by 40.2 thousand. people). The total number of entrepreneurs, incl. family workers, compared with 1 quarter of 2011 increased by 26.8 thousand. to 902.1 thousand. and their share was already 18.5%. Number of employees, incl. members of producer cooperatives decreased compared to 1st quarter of 2011 by 22.7 thousand. persons to 3 966.4 thousand. people and was 81.5% of total employment.

In 1 quarter 2012, decreased number of persons employed in the secondary sector by 18.4 thousand. (A total of 852.0 thous.) And the primary sector by 5.3 thousand (139.3 thousand in total.), While in the tertiary sector was up by 28.6 thousand. people (a total of 2 877.3 thous.).

The employment rate(Percentage of employed persons in the group 15-64 years of age) reached 65.6% in comparison with the 1st quarter of 2011 increased by 0.6 percentage points. The employment rate for men increased by 0.4 percentage points to 73.6%, female employment rate rose by 0.7 percentage points to 57.3%.

It remains to be mentioned that in the coming years there will be loss of potential labor force, which will significantly decrease the number of people aged 15-64. This situation is mainly due to the fact that baby boomers are moving into the age group 65 and over. In addition to the labor market weak population coming years from the mid nineties.

Unemployment

The average number of unemployed persons according to the methodology of the International Labour Organisation (ILO) 1),seasonally adjusted, compared to the 4th quarter of 2011 increased by 15.6 thousand. people. In the last two years, much more significantly than in the past influence of worsening labor market conditions at the beginning of the calendar year.

The number of unemployed persons reached 372.7 thousand. (Of which 185.6 thousand. Women), the year the total number of unemployed fell slightly by 3.5 thousand. people. Unemployment dropped uniformly expressed in the male (1.2 thousand). In the female population (2.3 thousand)..

A slight decrease in the total unemployment rate did not show an absolute decline in the number of persons unemployed for one year or more over last year and on the contrary, their number increased by 9.9 thousand. people and was 160.3 thousand. people. Long-term unemployed of the total number of unemployed persons reached 43.0%.

The general unemployment rate according to ILO definition(In the age group 15-64 years of age) reached 7.2% compared to 1st quarter of 2011 decreased by 0.1 percentage points. In the classification by level of education are consistently low rate of university graduates (2.5%) and persons with full secondary education with GCSE (5.2%). The high unemployment rate further increases among persons with basic education (28.4%) above the average in the large group of people with secondary education without GCSE incl. vocational education (8.2%). It can be concluded that the termination of contracts at the end of the year, primarily concerns people with lower education.

A different survey methodology led to a discrepancy between the general unemployment rate (ILO) and the registered unemployment (MLSA). The trend was similar for both rates, the registered unemployment rate reached in the 1st MLSA quarter 2012 value of 9.0%.

Inactivity

The Survey also collects data on persons who do not actively seek work to qualify for the ILO unemployed, but they declare their willingness to work. In 1 quarter of 2012 their number amounted to 198.7 thousand. persons, ie by 2.9 thousand. over the same period of 2011. Most people who would like to work, but can not immediately take a job. No later than 14 days to start work 67.0 thousand. people.
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1) For the unemployed according to ILO definition of persons, who during the reference period had no job, no neodpracovaly one hour for pay or reward and actively seeking work that would be able to join within two weeks.This methodology is identical for all EU member states and provides internationally comparable data. It should be noted that the definition of the unemployed by ILO differs from the definition of job seekers registered at employment offices of the MLSA.

Analysis - Health problems of the working age population in the CR

Source: CSO
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