Article with impact factor
Večerník, Jiří, Vladislav Flek. 2005. „The Labour Market in the Czech Republic: Trends, Policies and Attitudes.“ Finance a úvěr / Czech Journal of Economics and Finance 55 (1-2): 5-24. ISSN 0015-1920.

The paper presents various data on employment and unemployment trends, wage developments, and even workers’ opinions and their potential labour market strategies, as reflected in various surveys. In particular, it identifies the existing labour market rigidities and show that the high unemployment resembles a vicious circle, resulting in the emergence of the unemployment trap and benefit dependency. Active labour market policy measures alone appear to be insufficient to deal with this problem.

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