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University-Educated Specialists, the Demand for Them and Their Standing on the Czech Labour Market

Author

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  • Jana Vavrečková

Abstract

The paper deals with one of the biggest problems currently faced by the Czech labour market: namely, a shortage of labour with regard to specialists who have completed tertiary education. The introduction stresses the importance of knowledge capital both in contemporary society and in a knowledge-based economy. The need for universityeducated labour on the Czech labour market was ascertained from the results of a Ministry of Labour and Social Affairs grant project entitled "Risk of a Brain Drain in the Czech Republic". The monitoring took place from the 2nd quarter of 2004 to the 2nd quarter of 2008. The results are based on an analysis of quantitative data (classified advertisements for job vacancies on web portals and in the media and statistics on vacancies provided by labour offices) and repeated qualitative surveys (standardised interviews with recruitment agency personnel). Based on these sources, a shortage of specialists with tertiary education in the Czech Republic was identified in terms of sectoral and professional structure and specialisation. The paper goes on to present university-educated workers as subjects of international competition and the reader is briefly introduced to the approaches of different countries to attracting specialists from abroad.

Suggested Citation

  • Jana Vavrečková, 2009. "University-Educated Specialists, the Demand for Them and Their Standing on the Czech Labour Market," Acta Oeconomica Pragensia, University of Economics, Prague, vol. 2009(5), pages 20-35.
  • Handle: RePEc:prg:jnlaop:v:2009:y:2009:i:5:id:281:p:20-35
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    References listed on IDEAS

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    1. Wolfgang Ochel, 2000. "Rekrutierung hochqualifizierter Arbeitskräfte im Ausland - zur Praxis anderer OECD-Länder," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 53(08), pages 09-14, March.
    2. Stark, Oded, 2004. "Rethinking the Brain Drain," World Development, Elsevier, vol. 32(1), pages 15-22, January.
    3. Beine, Michel & Docquier, Frederic & Rapoport, Hillel, 2001. "Brain drain and economic growth: theory and evidence," Journal of Development Economics, Elsevier, vol. 64(1), pages 275-289, February.
    4. Beate Henschel & Carsten Pohl, 2004. "Die Auswirkungen des demographischen Wandels auf den Arbeitsmarkt in Sachsen – Analyse und Gegenstrategien," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 57(14), pages 05-14, July.
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    More about this item

    Keywords

    labour market; educational capital; specialists with tertiary education; demand for university-educated labour; development of demand for specialists; motivational immigration programmes for the highly qualified;

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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