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Czech unemployment edges higher in February

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(Globalpost/GlobalPost)

Unemployment in the recession-hit Czech Republic rose to 8.1 percent in February from 8.0 percent in January, official data showed on Friday.

The number of job seekers in the EU member country of 10.5 million people grew to 593,683 in February, said the ministry of labour and social affairs.

The 2004 EU member which has yet to join the eurozone has been locked in recession for more than a year, and its central bank expects an 0.3-percent contraction for this year before a pick-up with 2.1-percent growth in 2014.

In 2012, the economy heavily dependent on car production and exports contracted by 1.1 percent, according to an official estimate.

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http://www.globalpost.com/dispatch/news/afp/130308/czech-unemployment-edges-higher-february