According to the latest ManpowerGroup Employment Outlook Survey released today, limited hiring activity is forecast for the Czech Republic in the forthcoming quarter, with employers reporting a seasonally adjusted Net Employment Outlook of +2%. In a quarter-over-quarter comparison, hiring plans remain relatively stable, but employers report a decline of 4 percentage points when compared with this time one year ago.
“The Czech unemployment rate remains the lowest in Europe and companies have difficulties filling their vacancies in all sectors, but according to our research the positive pace of hiring is forecast to slow down in the fourth. We observe increasing caution mainly in the automotive sector, which is the key employer in the Czech economy. We also expect a seasonal decrease in employment in agriculture, construction and restaurants & hotels towards the end of the year. In addition, only 21% of large companies plan to increase the number of staff compared to 35% in previous quarter,” said Jaroslava Rezlerová, Managing Director of ManpowerGroup Czech Republic.
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