Market Intelligence Reports

Global Market Report Q4 2021

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41 Czech Republic Q4 2021 Total Labor Force (000s) 5,403 Employed Workers (000s) 5,219 Unemployed Workers (000s) 184 Unemployment Rate 3.4% 5,258 5,230 5,188 5,154 5,219 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 2.6% 3.4% 3.7% 4.1% 3.4% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 62% - First Vaccine Dose (December 2021) Covid Update From March, vaccines will be mandatory for health care and aged care workers, police, soldiers and some other professions. Vaccines will also be mandated for anyone over 60. 34% 19% 21% 0% 25% 50% 75% Employer Tax Profit Tax VAT Czech Republic Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $1,732 $1,654 $4.10 $0 $5 $10 $15 $0 $2,500 $5,000 $7,500 Average Wage Manufacturing Wage Minimum Wage Czech Republic Regional Average Year on year wage inflation in September '21 was 1.5%. In November, there were just under 345K open job vacancies. Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics Hiring Demand Trend by Experience Level TalentNeuron Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://ec.europa.eu/eurostat https://vdb.czso.cz/

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