Survey indicates “big movement†on Czech labour market undetected by unemployment statistics
While optimism was at a record high when companies in Czechia were asked about their hiring plans during the summer, HR firm ManpowerGroup’s latest survey, which looked into the situation on the country’s labour market going into the final quarter of 2022, shows a marked decrease in optimism, especially among large businesses. Nevertheless, the situation is still far better than it was at the height of the Covid pandemic. I spoke to JiÅ™í Halbrštát, the marketing and candidate sourcing director at the Czech branch of ManpowerGroup.

“What we are observing right now on the Czech labour market is quite a unique situation that we haven’t seen over the past 15 years.
“Generally, the Czech labour market is quite conservative and, historically, it was normal for around 75 to 80 percent of companies not to do any changes in terms of their number of employees.
“This year, we can see a huge increase of companies that plan to hire new employees (33 percent), yet at the same time a huge increase in the number that are downsizing (22 percent).
“This means that there is a big movement on the labour market that we cannot see in terms of unemployment numbers.” Read More...