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The labour market

Labour market trends follow the increased economic growth rate. They are also influenced by economic policy measures in the field of employment. In accordance with proposed reforms of the labour market (tax and pension scheme reform), continuing employment growth can be expected, if the economic environment remains favourable.

These expectations mainly reflect the influence of a gradual decrease in the payroll tax and the influence of amended legislation on the obligations of unemployment allowance and social aid recipients, which focuses on stimulating their activity. Another unexploited possibility for greater flexibility and higher employment lies in part-time work.

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