“Most of the downside risks for the Czech economy are associated with tightness in the labour market,” reads the spring economic forecast of the European Commission. Prepared by Berk Büyükbalcı The International Monetary Fund (IMF) announced the revision of its economic growth predictions for the Czech Republic in April. The IMF has announced a more positive
The upward trend in Czech salaries continued in 2017. The median wage increased by approximately 9% compared to the same period the previous year. Photo Credit: Pexels According the latest data released by the Czech Statistical Office on 9/3/2018, the growth in nominal average wages in 2017 was 8% compared to the previous year’s average salary.
By Anastasia Alexandridou Really good news for the country’s economy and for those who are seeking a job in the Czech Republic! The number of unemployed in the Czech Republic has decreased from January of 2018 (3.9%) to February and March of 2018 (3.7%). While the unemployment rate continues to drop, the Czech Republic currently
Economic power and wealth of countries are frequently associated with their capitals. Take a look at how European countries would be doing without their beautiful capitals and discover why some researchers call Berlin “sexy, but relatively poor”. By Anastasia Alexandridou The Cologne Institute for Economic Research (IW) has published the percentages of the national per capita
The youth unemployment rate is usually higher when compared to the unemployment rate of the other age groups. Photo: Pixabay The European Union registered a youth unemployment rate of 18,2% in the end of 2017 while Germany, the country with the lowest rate in the whole Eurozone, registered a rate of 6.6 % in November
Since 2014, the number of job vacancies in the Czech job market grew by 150,000. While things are good for job seekers, employers feel the lack of skilled workers. This is a big advantage for the country’s economic progress. However, there are a lot of obstacles in finding the right candidates to fill the total
It is true that interview processes can be long and stressful for many candidates. This can lead us to make the most common mistakes during the job interview which is our shot to impress people that will decide on our future career. This online survey was conducted in the United States by Harris Poll among
More than a half of the tested Czech job seekers has a B1 level or lower English skills. Photo: Pixabay TrackTes and Profesia.sk job board conducted a survey among 30,000 Czech, Slovak, and Hungarian job applicants in 2015-2017. Their recently published survey revealed the following: one-third of Czech applicants who claimed on their CV to have a B2
Languages featured quite highly on the list; 12 out of 35 companies selected languages as one of their ‘5 Things’. By Paul Myers from People Matter, a specialist consulting organisation Recently I attended the Profesia Days event in Prague, where I was part of a group of recruiters providing CV Advice to job seekers. I have to admit,
To study more can pay off in the long run. The dissatisfaction at work decreases with the higher level of education. Photo: Pixabay Only 13% of university graduates are discontent in contrast to 50% of dissatisfied respondents with secondary education without the leaving exam. With such certificate, the chances to feel properly educated for the
