Czech companies will have to deal with import of labour

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F22%3A00002359" target="_blank" >RIV/75081431:_____/22:00002359 - isvavai.cz</a>
Result on the web
<a href="https://www.shs-conferences.org/articles/shsconf/abs/2022/02/shsconf_ies2021_01010/shsconf_ies2021_01010.html" target="_blank" >https://www.shs-conferences.org/articles/shsconf/abs/2022/02/shsconf_ies2021_01010/shsconf_ies2021_01010.html</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Czech companies will have to deal with import of labour
Original language description
Labour market or supply and demand for labour is determined by how individuals demand work (supply) and how the offer of jobs is from the side of companies (demand). This is a very important issue, as it is a part of the main factor markets. The data on labour market are used for analysing the movement of labour market. Thanks to this, it is possible to forecast its approximate development. The basic source are data from the database of the Ministry of Labour and Social Affairs of the Czech Republic. The objective of this paper is to analyse the development of supply and demand for labour in the years 2010-2020 and forecast its development until 2025. The analysis of time series is performed using the method of artificial neural networks, which enables the analysis of the development between 2010 and 2020 and forecasting the further development of supply and demand for labour until the year 2025. The research shows that the development until the year 2025 will not be very favourable. The demand will be much greater than the supply, which means there will be more vacancies than workers. To fill the vacancies and be able to further operate, companies will try to solve this situation by hiring workers from other countries. The results of the paper being submitted may serve for other labour market research.
Czech name
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Czech description
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Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
SHS Web of Conferences, Volume 132 (2022): "Innovative Economic Symposium 2021 – New Trends in Business and Corporate Finance in COVID-19 Era (IES2021)"
ISBN
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ISSN
2261-2424
e-ISSN
2261-2424
Number of pages
11
Pages from-to
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Publisher name
EDP Sciences
Place of publication
Les Ulis, France
Event location
Les Ulis, France
Event date
Nov 11, 2021
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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