AD ALTA
JOURNAL OF INTERDISCIPLINARY RESEARCH
Table 1 Economic dependency ratio, Young age dependency
ratio and Old age dependency ratio of Czech Republic and
Slovakia from year 2000 to year 2015 and prognosis for 2020
Index
Country
2000
2005
2010
2015
2020
Economic
dependency
ratio
Czech
republic
43,7
41,2
44,7
50,8
56,5
Slovakia
45,3
41,2
39,3
42,3
47,3
Young age
dependency
ratio
Czech
republic
23,9
21,5
21,3
23,2
25,0
Slovakia
28,8
24,9
21,4
21,8
22,8
Old age
dependency
ratio
Czech
republic
19,8
19,8
23,4
27,6
31,5
Slovakia
16,6
16,4
17,8
20,5
24,4
Source: own calculation of authors based on Eurostat data
Figure 5 illustrates the progress and development of employment
rates in the Czech Republic and in the Slovak Republic. This
indicator has been monitored since 2000 with forecasts from
2017 to 2020. The indicators show that the employment rate in
individual countries is very fluctuating. However, the forecast
indicates a slight increase in employment compared to the
current situation. It is also obvious that the employment rate in
the Czech Republic is higher than that of the Slovak Republic.
Figure 5: Employment rate of Czech Republic and Slovakia
from year 2000 to year 2016 and prognosis for years 2017 - 2020
Source: own work of authors based on Eurostat data
Observing the development of the employment rate indicator, it
is also necessary to monitor its sectoral distribution.
Figure 6 reflects the overview of the employment in sectors in
the Czech Republic, together with the forecast for 2020. It can
be seen from this picture that the dominant sector in the labor
market is the secondary sector starting with industry. On the
contrary, the primary sector is the least dominant sector in the
Czech Republic, despite its assumption.
Figure 6: Employment by sectors of national economy in Czech
Republic from year 2000 to year 2015 and prognosis for 2020
Source: own work of authors based on Czech statistical office
Regarding the development of sectoral employment in the Czech
Republic, there is a gradual decline in employment in the
primary sector and, on the contrary, a marked increase in
employment in the secondary and tertiary sectors. From the
perspective of forecasts, by 2020, there should be no significant
change in sectoral employment, except for further employment
growth in the secondary and quaternary sectors, coupled with
decrease in employment in the primary sector.
The development of employment by sectors in the Slovak
Republic with a forecast for 2020 is processed in Figure 7.
Looking at the scheme, as in the Czech Republic, we can
observe the gradual reduction of the number of jobs in the
primary sector of the national economy, while the secondary
sector and the quaternary sector have an ever-increasing trend.
The tertiary sector of the national economy, which includes of
trade and services, maintains a relatively stable position. In
terms of the forecast for 2020, Slovakia as well as the Czech
Republic will achieve employment growth in the secondary and
quaternary sectors of the national economy; on the contrary, in
the primary sector, employment and therefore the number of
employees should decrease again.
Figure 7: Employment by sectors of national economy in
Slovakia from year 2000 to year 2015 and prognosis for 2020
Source: own work of authors based on Statistical office of the
Slovak republic
Another observed indicator in the sectors of the national
economy is the average nominal monthly wages in the Czech
Republic (Figure 8) and the Slovak Republic (Figure 9).
Development of average nominal monthly wages in the Czech
Republic represent a gradual increase in income in all sectors of
the national economy, with the highest average wage in the
Czech Republic being in the tertiary sector, currently at the level
of € 1,250, while the lowest average nominal monthly wages is
achieved by employees working in the quaternary sector; their
average wage currently represents € 850. From the perspective
of the forecasts for 2020, the scheme indicates a sharp increase
in revenues in all sectors of the Czech economy.
Figure 8: Average nominal monthly wages by sectors of national
economy in Czech Republic from year 2000 to year 2015 and
prognosis for 2020
Source: own work of authors based on Czech statistical office
Similarly, as in the Czech Republic, the level of wages achieved
in Slovakia is increasing and this trend should continue until
2020. The highest level of income earned in Slovakia is achieved
by workers in the tertiary sector, while the lowest level of
income is achieved by the employed population in the secondary
sector.
55,00
60,00
65,00
70,00
75,00
80,00
2
0
0
0
2
0
0
1
2
0
0
2
2
0
0
3
2
0
0
4
2
0
0
5
2
0
0
6
2
0
0
7
2
0
0
8
2
0
0
9
2
0
1
0
2
0
1
1
2
0
1
2
2
0
1
3
2
0
1
4
2
0
1
5
2
0
1
6
2
0
1
7
2
0
1
8
2
0
1
9
2
0
2
0
%
Year
Employment rate 2000 - 2020
Czech Republic
Slovakia
0
500 000
1 000 000
1 500 000
2 000 000
2000
2005
2010
2015
2020
Number
Year
Employment by sectors in Czech republic
Primary
Secondary
Tertiary
Quaternary
0
200 000
400 000
600 000
800 000
1 000 000
2000
2005
2010
2015
2020
Number
Year
Employment by sectors in Slovakia
Primary
Secondary
Tertiary
Quaternary
400
600
800
1000
1200
1400
2000
2005
2010
2015
2020
€
Year
Average nominal monthly wages in Czech
republic
Primary
Secondary
Tertiary
Quaternary
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