The Best Countries rankings evaluate 60 countries across 24 rankings drawn from a survey of more than 16,000 global citizens. According to the survey, the Czech Republic ranks 38th overall, with best result for Citizenship (19th place), Quality of Life (21st place), Entrepreneurship (26th place) and Heritage (28th place). The country scored low in subcategories predicting country’s future growth...

GE Aviation announced plans to build its new turboprop development, test and engine production headquarters in the Czech Republic, creating more than 500 new jobs.

The Government wants to put together and analyze information on results of innovations and outcomes of contractual research performed by scientists for private sector entities. 

While only a minority of the world’s global workforce of more than three billion people is directly employed by large and emerging multinational employers, these companies often act as anchors for smaller firms and local entrepreneurship ecosystems. Therefore, in addition to their own significant share of employment, workforce-planning decisions by these firms have the potential to transform local labour markets through indirect employment and by setting the pace for changing skills and occupational requirements, World Economic Forum's recently published analysis Future of jobs 2016 says.

Also, pay rises in the past were more than covered by productivity increases, a new trend might emerge in the Czech Republic where increased pay is no longer offset by productivity gains.