The Czech Republic has the lowest jobless rate in the European Union with vacancies now outstripping the registered unemployed. But moves to attract workers from Ukraine are being hampered by red tape. That sparked a lightning visit last week by the Czech labour minister and a raft of reforms are now promised.
After strong growth last year, the Czech Republic’s economy continues to thrive. Indeed, according to freshly released preliminary figures, gross domestic product expanded by 4.5 percent in the first quarter. This was down from the 5.5 percent recorded in the final quarter of last year but is still a notable result. I discussed the new data with economist Jan Bureš of Patria Finance.
Czech unemployment fell to 3.2 percent in April from March’s 3.5 percent,
according to figures released from the national labour office. It said that
seasonal work was now in full swing and the jobless total could increase in
The office added it had almost 243,000 job seekers on its books. That’s the lowest figure since August 1997. In April 2017, the jobless rate was 4.4 percent.
The number of vacancies, at just over 267,000. once again exceeded the jobless total in the country. Most job offers are in Prague, central Bohemia, the Plzeň and Pardubice regions.
More than 70 athletes, including nine prisoners and one ex-offender, are set to run in the Yellow Ribbon half-marathon in Prague at the weekend. The first of four races, the event highlights the importance of supporting the reintegration of former offenders within broader society upon completing their sentence. The charity race takes place on Saturday as part of the broader Sportisimo ½ Marathon.
Forty-five percent of Czechs see the country’s economic situation in a
positive light according to the outcome of a poll conducted by the CVVM
agency. Six percent of those see it as very positive.
Sixteen percent of respondents said they were not happy with the situation. More than half of Czechs said they were happy with their own living standard.
In recent years the Czech Republic has seen steady economic growth and record-low unemployment.
Czech use of IT technologies at work is 20 percent lower than in other
European countries, a survey carried out by Microsoft in 20 EU member
Czech employees don’t use notebooks, the intranet or online planning applications as much as their foreign colleagues. According to the survey, Czech employees don’t receive sufficient technical support and training.