Development of Unemployment in the Czech Republic

The aim of the paper is to analyze the development and structure of unemployment in the Czech Republic over the last 10 years. An operational objective is to explain the concept of unemployment, reasons for its creation, consequences and social impact. The main objective is to study the situation in the Czech Republic between 2005 - 2014 and choose the region with the highest and the lowest rate of unemployment. The paper then deals with these two regions and according to the data from the Czech Statistical Office and the Ministry of Labour and Social Affairs compares their general level of unemployment and its structure in terms of gender, age, education and the demand and supply of jobs. The region with the lowest unemployment is the capital city of Prague and the highest unemployment region is the region of Usti. In the monitored period, both regions had the lowest overall unemployment rate in 2008, just before the economic crisis. After this year the situation in the Czech Republic deteriorated, and so unemployment also increased, which is visible in all areas of this research