Czechs are less willing to move because of work, according to an analysis
by the Grafton Recruitment agency, released by Czech News Agency on
Some 65 percent of people would not be willing to move despite a better job offer, which is nine percentage points more than in 2015. Among the reasons behind the increase is low unemployment and increasing salaries.
Labour mobility in the Czech Republic has traditionally been low compared to Western Europe.
The Czech Republic had the lowest unemployment rate in the EU in 2016,
according to the Statistical Yearbook, released by the Czech Statistical
Office on Wednesday.
In 2017 the Czech Republic had an average four percent unemployment rate, compared with EU average of 6.8 percent. The Czech Republic was followed by Germany with 4.1 percent, while Greece was placed at the other end of the scale with 23.6 percent.
The financial sector in the Czech Republic is one where some of the top paying jobs are to be had. But there’s a reverse side to the coin as well with some back office and low level jobs earning relatively poor wages. And that’s one of the main reasons for a strike threat by workers from Czech in the financial sector.
Staff at Czech banks and insurance offices have declared a state of strike
alert over their pay conditions. The OSPPP banking and insurance workers
union announced the move in response to what they say is the unwillingness
of their employers to agree to an acceptable collective agreement.
A spokesperson for the union said protests would be held at individual banks and insurance offices. The OSPPP has around 8,000 members in a sector in which tens of thousands are employed.
Unemployment in the Czech Republic dropped to its lowest point in almost 20
years in October to just 3.6 percent. The result was confirmed in data
released by the Czech Labor Office. In December 1997, the number of people
without work was around 269,000. The amount of those without work in
October this year numbered around 271,000. Meanwhile, the number of
vacancies grew by some 4,000 to 210,000.
The drop in unemployment and rise of vacant positions is particularly significant year-on-year: last October, unemployment stood at five percent and the amount of vacancies was 70,000 fewer.