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Eurostat: Less than 9% of Czechs suffered from material and social deprivation in 2016
In the Czech Republic, the material and social deprivation rate in 2016 was higher among people with primary education (21.2%), followed by those with secondary education (7.8%) and people with tertiary education (1.7%).
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Unemployment breaks yet another record
The share of unemployed broke another record in November, when it dropped to its lowest level at 3.5%. The number of vacancies did not lag behind, surpassing October’s maximum. Therefore, finding a suitable work force is increasingly difficult for companies. However, given the negative seasonal factors, we expect the share of the unemployed will rise again from December.
Business representatives meet the new US Ambassador at the AmCham
Representatives of businesses in the Czech Republic met new US Ambassador today at the AmCham. Topics that were discussed in regard of concrete problems in the particular companies and sequements of businesses:
Inflation is beginning to slow down
The year-on-year inflation slowed down in November to 2.6% after its peak in October, when it reached the highest pace in the past five years. Despite that, consumer prices increased moderately on a mom basis. According to our forecast, the inflation pace will further decelerate in the following months.
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.
