Economic policy / Employment and Social Affairs
This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.
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Spotlight issue
Report: Czech Workforce 1: population and employment trends; participation rates by gender and age
AmCham advocacy team have prepared a report on population and employment trends. This report is the first of series addressing the development of the Czech employment and compensation market. The reports start at the national and general economic level; as they progress, they will go into more detail about specific economic sectors, occupations, and regions.
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Czech Statistical Office: Share of workers aged 70-74 with tertiary education 3rd highest in EU | PwC: Czech Republic could boost its GDP by 7% by increasing employment rates of people aged over 55
According to the Czech Statistical Office, the number of older workers in management positions (mainly specialists) has been rising. Life expectancy for Czech women is 81.7 years, 75.8 for men (2014 data), compared with 50 and 47 years, respectively, in 1920. PwC Golden Age Index: How well are OECD countries harnessing the power of their older workers? measures the labour market impact of workers aged over 55 in 34 OECD countries, including employment, earnings and training. The Czech Republic ranks 18th, improving steadily.
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IMF: Emigration and its Economic Impact on Eastern Europe - infographic, analysis: High share of Czech emigrants with tertiary education
As emigration pressures are likely to persist, CESEE countries will continue to face significant challenges, with some SEE and Baltic economies facing larger emigration pressures than other countries in the region. The IMF analysis Emigration and its Economic Impact on Eastern Europe highlights some of the issues that CESEE policymakers need to pay greater attention to so as to assess the effects of emigration on their economies. The report also discusses how the EU, as a beneficiary of CESEE emigration, could support the efforts of CESEE countries in mitigating the negative effects of emigration on these countries’ economic potential and convergence prospects.
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