World Economy

Czech Job Vacancies Soar

Czech Job Vacancies SoarCzech Job Vacancies Soar

Czech job vacancies soared above 100,000 in August for the first time since 2008, as many companies struggle to find enough qualified staff in a bustling economy with one of the lowest unemployment rates in Europe, Euroactiv reported. The export-heavy economy grew by 4.4% year-on-year in the second quarter, the fastest rate in the European Union, thanks to rising orders and strong household demand, along with an inflow of EU development subsidies. The growth spurt in one of the EU’s most industrialized states is putting more people back to work, but also forcing companies to search longer and wider to fill spots.