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 biggest challenge for private companies in Central and Eastern Europe is the growing lack of skilled people and talents which would grow their business. This is the results of a survey conducted by PwC, which interviewed the management of 600 privately owned companies in 15 countries of the region. A quarter of respondents reported that they see more than 5% of profits loss due to lack of workforce. PwC estimates that talents shortage cost private companies in the region EUR 358 billion per year. So more than the GDP of Croatia, Hungary and Slovakia combined. Czech companies then lose EUR 11 billion. The most lacking proffesions are technicians, traders and engineers.