Unemployment rates in the Czech Republic have been the lowest Europe-wide for some time now. The latest data on employment levels is set to be released by the Labour Office on Friday, but already now analysts have told the Czech News Agency that they expect unemployment to have sunk in April to 2.8 percent compared to 3 percent in March. The need for workers is also leading to women taking on more “unusual” jobs, Czech Television reports.
Over six thousand children in the Czech Republic are currently threatened with a distraint order over unpaid debts, while tens of thousands of young people have debts that they have carried over from their childhood. A new amendment to the Civil Code, set to be debated in the lower house on Monday, aims to prevent minors from falling into debt in the future.
Raising the minimum wage tends to have a knock-on effect of higher unemployment. However, repeated increases in the minimum wage in the Czech Republic over the last few years have not that impact, suggests a new study published by the think tank IDEA, which is part of the economics institute CERGE-EI.
Remnants of medieval wall dating back to 1041 unearthed in Břeclav
Prague flats most expensive in Central Europe, in terms of average earnings
Former Huawei employees say client information was discussed at Chinese embassy
Prague’s Žižkov TV Tower set for videomapping of Apollo 11 moon launch, landing
Barbora Strýcová, 33, in “best form” ahead of Wimbledon semi-final against Serena Williams