Wages to increase more than 5% in 2019, but labour market expected to slow down

The Czech Republic’s labour market is expected to slow down in 2019 with wage growth and staff shortages predicted to persist, according to survey data from Grafton Recruitment. The data found that while wages are expected to continue to grow at a rate of 5%-8% per year, some firms are already talking about possible downsizing and related redundancies.