Economic policy
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
Czech Workforce Report 5 updated for 2016 data: Ústecký region: Employment & Median Wage 2011-2016
The region experienced employment drop during the 2011-2016 period; more manual than non-manual jobs were eliminated in the period. However, year-on-year in 2016, 3,300 jobs were added, both manual and non-manual.
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Czech Workforce Report 3 updated for 2016 data: Prague Employment and Median Wage 2011-2016
Although the number of managers remains below the 2011 level, it increased by 8% y-o-y in 2016 (3,200 positions added, mainly in the private sector). The numbers of professionals, technicians and clerical workers exceed their 2011 totals, most remarkably in the case of professionals (an increase by 11%, or 17,300 positions, since 2011, mainly in the private sector).
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IMF projects Czech real GDP growth at 2.8% in 2017 and 2.2% in 2018
According to the IMF World Economic Ouitlook April 2017, world growth is projected to rise from 3.1 percent in 2016 to 3.5 percent in 2017 and 3.6 percent in 2018. The projection for the Czech Republic is 2.8% real GDP growth in 2017 and 2.2% in 2018.
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