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 4: Employment & median wage by occupation in the South Moravian (Jihomoravsky) region for the period 2011-2015
55% of employment in the South Moravian region is of managers (5%), professionals (20%), and technicians (30%). The number of managers dropped by 5,600 positions (-26%) - mainly in the private sector. The difference in median wage of clerical workers and plant / machine operators, assemblers is marginal in both sectors.
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Czech National Bank Research Department: Margins of Trade: Czech Firms Before, During and After the Crisis - working paper
The results indicate that the crisis had a more severe impact on small exporting firms and that exports to countries outside the EU gained more prominence in the post-crisis years.
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ILO: In Europe long-term unemployment continues to climb despite receding unemployment rates
In both Europe and North America, long-term unemployment remains stubbornly high compared to pre-crisis levels. new ILO report says. Considering that the CEE regional employment growth is projected to remain in negative territory, the expected unemployment reduction is mainly attributable to a reduction in the labour force of 0.7 per cent per year between 2016 and 2018, partly explained by rising emigration rates.
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