63% of employment in Prague is of professionals or technicians. Between 2011-2015 average wage grew for key occupations in the private and public sector, except for private sector managers. Public sector managers received the highest increase in pay of all occupation. Private sector managers were the only occupation to experience wage decrease. See more findings in a report drafted by the AmCham team.
The Czech Republic’s second city, Brno, has signed a memorandum with the company behind a revolutionary transport concept, the hyperloop, Radio Praha writes.
On 25 May, 2018, the General Data Protection Regulation (“GDPR”) will become applicable, bringing significant changes to data protection rules across the European Economic Area (EEA). With the adoption of the GDPR, the EU recognizes the importance of harmonizing European data protection laws, in order to facilitate cross-border commerce.
In both Europe and North America, long-term unemployment remains stubbornly high compared to pre-crisis levels. new ILO report says. Considering that the CEE regional employment growth is projected to remain in negative territory, the expected unemployment reduction is mainly attributable to a reduction in the labour force of 0.7 per cent per year between 2016 and 2018, partly explained by rising emigration rates.
WPP: The Leaders' Report - global research report focused on 'Government communication in an age of anger'
According to The Leaders' Report: the future of government communication, communication leaders in many governments say they are struggling to combat declining levels of public trust in government, and that they lack the ability to keep pace with how citizens communicate and engage in the 21st century.
Oxford Economics, a consultancy, reckons replacing single market membership with a trade agreement would cost the UK between 0.75 and 3 percent of GDP, depending on how comprehensive the trade deal is and how open Britain remains to immigration. Meanwhile, the International Monetary Fund has upgraded its economic forecasts for the eurozone and the UK this year, but said British growth would slow down in 2018.
Strategic Directions for Czech Economic Policy
- 1) The home of value-added manufacturing
- 2) Prague-Brno-Ostrava Creative Triangle
- 3) Health Care as an export industry
- 4) Government as a competitive advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.