Thursday, 21 November 2019

Study: No increase in Czech unemployment despite sharp rise in minimum wage

Radio Prague |
3 May 2019

Raising the minimum wage tends to have a knock-on effect of higher unemployment. However, repeated increases in the minimum wage in the Czech Republic over the last few years have not that impact, suggests a new study published by the think tank IDEA, which is part of the economics institute CERGE-EI.