Level of Industry Automation 4.0 in the Czech Republic and Impact on Unemployment
Level of Industry Automation 4.0 in the Czech Republic and Impact on Unemployment

Author(s): Martina Hedvičáková, Martin Kráľ
Subject(s): Labor relations, Human Resources in Economy, ICT Information and Communications Technologies, Socio-Economic Research
Published by: Masarykova univerzita nakladatelství
Keywords: Region; Industry 4.0; wages; cluster analysis; unemployment;
Summary/Abstract: The Czech Republic has the lowest unemployment rate throughout the European Union. According to Eurostat and the Czech Statistical Office, in March 2018, the unemployment rate in the Czech Republic reached 2.2%. Such a low unemployment rate causes an excess of demand over supply. Companies are looking for ways of meeting the demand of their customers. One of the possibilities is technological progress. For this reason, both the Czech Republic as well as the European Union are promoting the Industry 4.0 initiative and at the present time also the Work 4.0. The aim of the paper is to analyse the impact of Industry 4.0 and Work 4.0 on the labour market. The paper contains an analysis of the share of unemployed people in individual regions and the development of wages. The manufacturing industry is one of the key sectors of the Czech economy. The following hypotheses are tested: The impact of Industry 4.0 is markedly different in the Czech Republic regions and second As a result of the enforcement of Industry 4.0 (production automation), unemployment varies across regions.

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