Hourly labour costs in the Czech Republic in 2019 averaged around EUR 13.5. While still below the EU average of EUR 27.7, this represented an increase of 7.5%, compared to an increase of 2.9% across the whole EU. The cost of labour in the Czech Republic was the highest in the Visegrad Group countries. Photo
2019 was a difficult year for the Czech economy and there are plenty of things to encourage the doomsayers: Donald Trump’s trade wars, the coronavirus and Brexit. But what do the economic forecasters tell us? Photo credit: Freepik / stock pictures. Written by Charles du Parc Czech Rep., Feb 24 (JS) – The CNB quarterly
Photo credit: Freepik. CZ, Feb. 19 (JS) – Does checking your finances – especially near the end of the month – always makes you feel a little like weeping? Do you feel that you are working too hard for what you are being paid? Then it is time to take some steps to eliminate these
Inflation continues to surge; rising by 3.6% in January. Pushed upwards by the price of food and rents as well as recent changes in taxation. It is not expected to fall back until early 2021. Photo credit: Freepik / For illustrative purposes. Author: Charles du Park Czech Rep., Feb 17 (JS) – Inflation in January
At their monthly meeting last Friday, the Czech National Bank (ČNB) board voted to increase their main interest rate to 2.25%. This took the markets by surprise and the Czech Koruna strengthened consequently. Almost all the analysts and commentators had expected no change at the moment. Title photo: Z. Moreau / Jobspin. Author: Charles du Park
Czechia is the second country least threatened by poverty in the EU, with just 3.4%. Finland topped the index. Photo: Prague / credit: ZM / Jobspin. Czech Rep., Feb 9 (JS) – According to data published by the EU statistical office Eurostat (31-1-2020), in 2018, one in ten employed people over the age of 18
A recently published 2018 study from PriceWaterhouseCoopers (PwC) shows that job position and motivation are directly linked to the number of absences per year, and describes the different factors involved in how each industry is affected by morbidity (the rate of disease in a population). Photo: Stock picture / Freepik. Do You Work in the
Expect presentations for job-seekers, assistance for foreigners from expat centers, and professional consultations regarding CV writing and interview preparation. The 7th Jobspin Multilingual Job Fair in Prague features: 7 Expert & employer presentations 2 Relocation agencies assisting expats with visa / employee cards and relocation issues 1 CV consulting panel 4 Professional interactive workshops 1
The Association of Credit for Central and Eastern Europe’s 8th annual conference returns to Brno for the first time since 2014 yet again attracting Shared Service Centres to attend. Photo by ACCEE. By ACCEE Brno, Czech Rep., Sep 11 (JS) – Aimed at Shared Services, more than 40 different international companies will be attending from
According to a 2018 World Bank report analyzing intergenerational educational and economic mobility, the American dream, a possibility to move upward from a lower social class or economic level to a higher one is more easily attainable in other high-income countries than in the US. The World Bank ranked Czech Republic the 12th country in
