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. After a five-year period when it approached the national average, in 2024, unemployment in the region rose again. 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 recent years, but in 2024, its rate again exceeded the national average.

Proportion of unemployed people as of 31 December (%)

Year 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
City of Olomouc 7,5 6,3 4,1 3,0 2,8 4,1 3,3 3,5 3,8 4,4
Olomouc District 7,0 5,7 3,9 2,8 2,6 3,8 3,0 3,3 3,6 4,0
Olomouc Region 7,0 5,9 4,3 3,4 2,9 4,1 3,4 3,6 3,8 4,4
Czech Republic 6,2 5,2 3,8 3,1 2,9 4,0 3,5 3,7 3,7 4,1

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Jeseník 9,5 8,5 7,2 5,6 5,0 6,4 4,8 5,8 5,7 6,3
Olomouc 7,0 5,7 3,9 2,8 2,6 3,8 3,0 3,3 3,6 4,0
Prostějov 4,9 3,9 2,8 2,4 2,0 2,8 2,3 2,5 2,7 3,5
Přerov 8,2 6,9 5,4 4,1 3,3 4,9 4,2 4,4 4,3 4,9
Šumperk 6,9 6,2 4,5 3,9 3,4 4,3 3,6 3,8 4,3 5,0
Olomouc Region 7,0 5,9 4,3 3,4 2,9 4,1 3,4 3,6 3,8 4,4

Source: Czech Statistical Office

Number of job seekers per job vacancy as of 31 December

 

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Olomouc District 5,4 3,6 1,8 0,9 1,3 2,1 1,4 1,7 1,9 1,9
Czech Republic 4,4 2,9 1,3 0,7 0,6 0,9 0,8 0,9 1,0 1,2

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

  2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Olomouc Region 23 483 24 666 26 372 28 705 30 784 32 435 34 537 36 462 39 023 41 378
Czech Republic 26 467 27 589 29 504 31 885 34 125 35 611 37 839 40 353 43 341 46 164

Source: Czech Statistical Office