Competitiveness
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
Minimal Salary
Mentioning the issue of a minimal salary is like lighting a fuse – and not only among economists. A simple textbook labour market model says that a minimal salary may lead to involuntary unemployment if it is set too high. Nevertheless, in reality, the labour supply and demand curves are not straight lines. Empirical studies about the effects of a minimal salary on unemployment do not yield clear results. In a situation where a certain sector is dominated by a single employer (a local monopsony), the negotiating terms between the employer and job applicants are unequal and a minimal salary is a response to the situation.
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CPL Jobs Salary Survey 2017 CZ & SK
Do you want to have a good overview of salaries in Prague, Brno and Bratislava? Read CPL Salary Survey 2017 which is focused on the fields of Finance & Accounting / Procurement, Supply Chain & Logistics / IT / Engineering / HR & Office Administration.
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Sharing economy in the Czech Republic has a potential of up to CZK 60 billion
The volume of the sharing economy in the Czech Republic could reach 1.19% of GDP, i.e. CZK 59.9 billion, as follows from Deloitte’s latest study of the sharing economy in the Czech Republic. Its highest potential is in the sectors of transportation, accommodation and finance. Deloitte’s analysts estimate that at present the volume of the sharing economy is thirty times smaller. The country with the most developed sharing economy in Europe is the United Kingdom.
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