Open Access Article SciPap-1549
Job Insecurity According to the Classification of Occupations in the Czech Republic
by Denisa Karolyová 1,* iD icon, Zuzana Dohnalová 2 iD icon and Sandeep Kumar Dey 3 iD icon

1 Faculty of Management and Economics, Department of Economics, Tomas Bata University in Zlín, Mostní 5139, Zlín 760 01, Czechia

2 Faculty of Management and Economics, Department of Economics, Tomas Bata University in Zlín, Mostní 5139, Zlín 760 01, Czechia

3 Faculty of Management and Economics, Department of Business Administration, Tomas Bata University in Zlín, Mostní 5139, Zlín 760 01, Czechia

* Authors to whom correspondence should be addressed.

Abstract: Job security for most working population is crucial in ensuring living standards. The main goal of this article is to find out, based on the analysis of employment, unemployment, vacancies, and wages in various job categories in the Czech Republic between 2015 and 2022, which job groups are most prone to job insecurity and job loss. Data from the Information System on Average Earnings (ISPV) and MLSA portal were used to analyse the structure of job seekers and job vacancies and to establish employment and wages. Data were processed using descriptive statistical methods. An evaluation of the variance was performed among the selected variables. A t-test was used to measure differences in job security between the observed employment categories. The results show that higher-skilled worker requirements characterize the best job classes regarding job security and wages. On the other hand, the unstable job categories with high unemployment rates and low wage rates were support and unqualified jobs and service and sales jobs. A final important finding is that firms are creating jobs with low educational requirements, which may indicate stagnation in future job innovation.

Keywords: Employment, Abour Market, Job Quality, Job Security, Job Stability, Labour Market Insecurity, Job Seekers

JEL classification:   J01 - Labor Economics: General,   J21 - Labor Force and Employment, Size, and Structure,   J23 - Labor Demand

SciPap 2022, 30(3), 1549; https://doi.org/10.46585/sp30031549

Received: 26 May 2022 / Revised: 14 February 2023 / Accepted: 21 February 2023 / Published: 16 March 2023