Unemployment in the Czech Republic dropped to 2.7 percent in April, down
from 3 percent in March, according to data released by the Czech Labour
It is the lowest unemployment rate registered since 1997. According to the statistics 210,000 people are currently out of work. Technically-skilled manual workers are the most sought after.
The record low figure is ascribed to the healthy state of the Czech economy and the beginning of seasonal work.
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.
The salaries of doctors and nurses in Czech hospitals are now equal to the
European Union average, the Ministry of Health said a press conference on
Over the past five years, doctors’ salaries rose by 32 percent on average while nurses’ salaries rose by 41 percent.
In 2018, doctors in hospitals earned the equivalent of 243 percent of the average Czech salary and nurses 121 percent.
According to the Institute of Health Information and Statistics, this year their average salaries will reach 84,000 crowns and 43,000 crowns, respectively.
Nearly two thirds of Czech employees can feel the negative impacts of the
ongoing labour shortage, according to a survey carried out by the Up ČR
agency. Increased workload and more frequent overtimes are among the most
common downsides of low unemployment. As a result, over 40 percent of Czech
employees are considering changing jobs, suggests the survey.
The unemployment rate in the Czech Republic dropped in March to 3 percent, which is the lowest jobless rate since last November, with the number of unemployed people decreasing to 227,000.
The Senate has moved to scrap a law according to which large retail outlets
must remain closed on selected public holidays. The proposal was included
in an amendment to the law which will now go back to the Chamber of
The lower house previously rejected a similar proposal including a proposal for the ban to be extended to all public holidays. The law, which went into force in 2016 bans outlets bigger than 200 square metres from selling goods on eight public holidays of the year, among the October 28, Christmas, Easter Monday and May 8.
It is still vehemently opposed by the Czech Chamber of Commerce and the Association of Trade and Tourism which says it discriminates large sales outlets.
The head of the Czech Business and Trade Association Marta Nováková says large retail stores lose billions of crowns in profits on each public holiday on which they are forced to close their doors.
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.
Nearly a third of Czech households saw their financial wealth grow last year, a study published by GfK reveals. The market researcher’s director, Tomáš Drtina, told journalists at a press conference that this was the largest wealth increase since the study began to be conducted more than twenty years ago. Households expect their income to continue growing in 2019 as well.
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