Context of Current Financial and Economic Crisis and Labour Market Developments in the Czech Republic

One of the major consequences of the current financial and economic crisis is instability of the labour market. This article focuses on a number of thematic sub-topics defined by the following themes: What trends and policies affecting performance of the labour market prevail over the economic cycle started in 2000. The starting point for reflection on the creation of a suitable economic environment for development of the labour market in the future is identification of weaknesses in the labour market in the Czech Republic. Under discussion is which countries and under what conditions show resistance to high levels of unemployment and vice versa, which countries and under what conditions show considerable vulnerability of labour market developments. Closing question is what setting of the economic policy is suitable for the development of the labour market in the future.