On August 15, 2017, the amendment of the Act on Stay of Foreigners in the Czech Republic became effective. The main aim of the amendment is to transpose the Directive 2014/66/EU of the European Parliament and of the Council of 15 May 2014 on the conditions of entry and residence of third-country nationals in the framework of an intra-corporate transfer ("ICT Directive"), however, the amendment brings significant changes in all the key areas of business immigration in the Czech Republic.

Both business people and politicians are focused on the workforce. Business are trying every possible way to find the people they need so that their business and the national economy can grow. Some politicians are claiming credit for starving the supply of workforce in order to raise wages. When policies conflict with economic reality, something will break. We need to do something about the economic policies before they cause an economic crisis.  Both those policies and individual business decisions need to be based on a thorough understanding of what is happening to the demographics and the development of the workforce. That is why we are preparing a series of statistical studies on trends in the workforce. This brief steps back to look at general population trends.