According to figures released by the Ministry of Labour and Social Affairs the unemployment rate in the Czech Republic has dropped to 9.1 percent in February from 9.2 percent in the first month of the year. The ministry's news release attributes the drop to the high number of jobless workers on government re-training programmes. The rate of unemployment continues to vary greatly across the country with a 2.6 percent unemployment rate in the Czech capital Prague and an unemployment rate of over 20 percent in the eastern parts of the country.
It has been 16 years since the fall of Czechoslovakia's Communist regime. The Czech Republic, once a country of emigration, has now become one of transit and immigration, with the main immigration groups coming from Ukraine, Vietnam, Slovakia, and Belarus. In 2004, the latest official statistics say, around 2.5 percent of the country's population were legal immigrants. A decade earlier, it was less than half that rate. This transformation, as well as new immigration policies brought on by the country's accession to the European Union, calls for
When the Czech Republic joined the European Union on May 1st, 2004, the doors to European Structural Funds opened. The money allotted to the Czech Republic for projects in the 2004 - 2006 period stands at nearly 457 million Euros, or roughly 14-and-a-half billion Czech crowns. No small potatoes. One of the key elements of Brussels' strategy is to promote life-long learning in order to increase citizens' chances of employment. In concrete terms, the political aim of the European Union is to eliminate marked economic and social differences within
In Business News: new legislation should make bankruptcy proceedings run more smoothly, while a labour code approved this week has been dividing opinion; the OECD gives the Czech Republic advice on how to improve its economy; it seems the Czech Republic may renege on a pledge to increase the share of its power generated from renewable resources; digital broadcasting can now be received by a third of Czech households; and beer exports were up 17 percent last year.
The unemployment rate in the Czech Republic last month was just over 9 percent. This is not as bad as in neighbouring Germany, or Poland, but it does give cause for concern. The Labour Ministry has now drawn up a plan to find work for more people without actually having to create new jobs. The cabinet launched the pilot project on Wednesday.
The European Commission has just released a report on employment urging original EU members to ethink restrictions on the movement of labour from new EU countries. The report was prepared by EU Commissioner and former Czech Prime Minister Vladimir Spidla. It has been nearly two years since the EU expanded to include former communist bloc countries like the Czech Republic, but only three - the United Kingdom, Ireland, and Sweden - opened their labour markets outright. Although estimates show that the number of new migrant workers has been fairly
To conclude the Visegrad Four Prague summit, leaders signed a declaration on Saturday appealing to the governments of EU member states who have not already done so, to open their labour markets to workers as of May 1, 2006. But is the opening of labour markets a realistic request and what countries will most likely do so?
For some 1,300 workers last week as well as the Czech government the suspension of production at the country's LG Philips Displays plant - the 2nd largest investment project in the country - came as a shock. With parent company LG Philips Displays Holding filing for bankruptcy, the obvious question was: would the subsidiary company follow suit? The Czech government - specifically the Ministry for Industry and Trade - has been trying to prevent just that.