Another Increase in the Czech Minimum Wage; Labor Minister Maláčová is Preparing Legislation that Guarantees an Automatic Increase every January

The Czech government has approved a rise in the minimum wage of CZK 1,150 from January 2019. Minister of Labour and Social Affairs Jana Maláčová is also proposing new legislation that should guarantee an automatic increase every January based on developments in the gross average wage. Photo credit: Pexels. Prepared by Eda Yildiz The minimum wage

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Economy forecasts: job market to continue overheating

“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

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Wages continue to rise in Czech Republic

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.

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Czech economic power without Prague

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

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The hottest jobs in Czechia 2018-2025

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

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