Unemployment

Unemployment can be measured by the proportion of unemployed people and the number of jobseekers per job vacancy. In the long term, unemployment in the Olomouc Region had been above the average, but has reached approximately the national average in the last five years. Both the Olomouc District and the City of Olomouc were, in the past, among areas with lower unemployment within the region, but after 2009, unemployment in the city and the district alike has risen above the national average. Unemployment in the district and the city dropped below the national average in last six years, except a slight increase in 2020 and 2023 in the City of Olomouc.

Proportion of unemployed people as of 31 December (%)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
City of Olomouc 9,0 7,5 6,3 4,1 3,0 2,8 4,1 3,3 3,5 3,8
Olomouc District 8,5 7,0 5,7 3,9 2,8 2,6 3,8 3,0 3,3 3,6
Olomouc Region 8,8 7,0 5,9 4,3 3,4 2,9 4,1 3,4 3,6 3,8
Czech Republic 7,5 6,2 5,2 3,8 3,1 2,9 4,0 3,5 3,7 3,7

Source: Czech Statistical Office, Labour Office of the CR

Proportion of unemployed people in the districts of the Olomouc Region as of 31 December (%)

District 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Jeseník 10,7 9,5 8,5 7,2 5,6 5,0 6,4 4,8 5,8 5,7
Olomouc 8,5 7,0 5,7 3,9 2,8 2,6 3,8 3,0 3,3 3,6
Prostějov 6,9 4,9 3,9 2,8 2,4 2,0 2,8 2,3 2,5 2,7
Přerov 10,2 8,2 6,9 5,4 4,1 3,3 4,9 4,2 4,4 4,3
Šumperk 9,0 6,9 6,2 4,5 3,9 3,4 4,3 3,6 3,8 4,3
Olomouc Region 8,8 7,0 5,9 4,3 3,4 2,9 4,1 3,4 3,6 3,8

Source: Czech Statistical Office

Number of job seekers per job vacancy as of 31 December

 

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Olomouc District 17,1 5,4 3,6 1,8 0,9 1,3 2,1 1,4 1,7 1,9
Czech Republic 9,2 4,4 2,9 1,3 0,7 0,6 0,9 0,8 0,9 1,0

Source: Czech Statistical Office

Wages

Average wages are lower by far in the Olomouc Region compared to the national level. As for the Olomouc District, though well above the regional average, wages still remain below the national average.

Average monthly wages in CZK

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Olomouc Region 22 856 23 483 24 666 26 372 28 705 30 784 32 435 34 537 36 462 39 023
Czech Republic 25 686 26 467 27 589 29 504 31 885 34 125 35 611 37 839 40 353 43 341

Source: Czech Statistical Office