TRENDS IN UNEMPLOYMENT IN THE CZECH REPUBLIC AND REGIONS

Unemployment is one of main macroeconomic indicators. Rate of unemployment presents share of those individuals who want to work but cannot find a job. The article describes trends in unemployment in the Czech Republic since 90th till the middle of year 2010 with special attention to regional differences. Trends in regions reflect development in the entire Czech Republic. Differences among regions reached even 13 p.p. In the Czech Republic, northern regions have higher rate of unemployment compared to middle and southern region. The most affected regions are Ustecky, Moravskoslezsky and Olomoucky; the less affected are City of Prague and Stredocesky. Basic statistical calculation introduced in last chapter shows that searching for a clear and significant predictor is not successful certainly education or economic performance measured by GDP are not suitable to explain variability and changes of dependent variable unemployment rate on its own. There is complex of factors that influence labor market together and affects each other. Supported by research project 2D06026 Reproduction of Human Capital financed by Ministry of Education, Youth and Sports within National program of research II.