National Bank Governor Miroslav Singer said at a discussion meeting with industrialists that unemployment will be falling to record lows above 5 percent next year, which will lead to wage hikes. Wages have not much increased since the crisis. Singer said the Czech Republic has overcome the longest crisis that is ending, as shown by economic data, and a slightly lower wage growth is the biggest surprise.
English: http://www.praguepost.com/czech-news/48226-tuesday-news-briefing-june-9-2015
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.