Economic Performance and Unemployment in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F15%3A68590" target="_blank" >RIV/60460709:41110/15:68590 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.5539/ass.v11n16p240" target="_blank" >http://dx.doi.org/10.5539/ass.v11n16p240</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.5539/ass.v11n16p240" target="_blank" >10.5539/ass.v11n16p240</a>

Result language
angličtina
Original language name
Economic Performance and Unemployment in the Czech Republic
Original language description
The Labor market is very important for the overall functioning of the economy. Unemployment rate belongs to the four most important characteristics of the economic efficiency along with gross domestic product, balance of payments and inflation rate. It is incorrect to think that unemployment is a problem only of the unemployed people and their family. High unemployment has many negative consequences - from economic to business, governmental and private. The economic consequences include a decline of theGDP, an increase in the relative poverty and a fall of the potential GDP. Considering businesses, there is a negative impact as well as a positive one. The negative impact is represented by a decline in demand for goods and services. On the other hand,there are a higher number of job seekers from which the firm can select the most suitable ones. Government deals mainly with a fall of revenues and a raise of expenditures. Job is deeply embedded in our culture as well as in our psyche. T
Czech name
—
Czech description
—

Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
—

Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Similar results(10)