The share of unemployed persons will continue to go down, even though the pace of the drop is set to slow down in 2016, Komerèní Banka’s analyst Viktor Zeisel has commented on the data from the Labour Office. Raiffeisenbank’s chief economist Helena Horská has added that the labour market is occasionally approaching the limits of its natural capacity; as a consequence, the average wage will grow by over 4%. Higher wages will lead to inflation and end of exchange rate control. Generali Investments CEE’s chief economist Radomír Jáè argues that the full-year unemployment rate may drop to 6.0% in 2016.
Source: www.cianews.cz
