The Czech state intends to reduce the number of foreign laborers from outside the EU by stopping the issue of work permits top those without secondary school qualifications. Many Czech firms, however, say their businesses depend on foreign workers and that attempts to fill positions with Czech nationals have been unsuccessful.
Confidence in the Czech economy has risen f0r the second month in a row, largely thanks to industrial and service companies, the latest monthly index compiled by the Czech Statistical Office suggests. Consumer confidence, however, fell back even though unemployment fears appear to be easing.
As expected, Czech unemployment climbed in January to reach 534,089, or 9.1 percent of the active workforce from December's 8.6 percent. The ratio of job seekers to every vacancy widened to an average 1:15.5 with little improvement in the overall jobs picture expected soon.
A major study of the Czech Republic’s labor market presented on Thursday by social scientists from Masaryk University in Brno warns that work opportunities for middle-aged and senior citizens have been shrinking at an alarming rate, and policies are not in place to address the situation, the weekly Ekonom reports.
In recent weeks and months there has been a deluge of articles speculating about the possible scenarios for the escalation of the current crisis and their impact on states, companies and citizens. The common trait of all these forecasts is that they are based on unknown circumstances such as the breakup of the eurozone, demise of the euro and bankruptcy of EU-member states.
According to official figures, unemployment in the Czech Republic currently stands at around 8%, while the EU calculated the average for the 27 member states at 9.8%, and 10.3% for the 17 countries in eurozone, in October. The news server aktualne.cz says, however, that the Czech Statistical Office (ČSÚ) has omitted 300,000 unemployed, including graduates and school leavers.
As predicted, Czech unemployment rose in November by 0.1 percentage point to 8.0 percent with vacancies falling to boot. The jobless trend is seen worsening following layoffs in industry and stagnant production.