Sponsored Content
Czech Republic: Working Poor Class Grows
Politics ♦
Published: September 28, 2013; 10:46 ♦ (Vindobona)
In total, about one million Czechs fall into the category of employed poor. Their number is growing substantially.
Czech Republic: Working Poor Class Grows / Picture: © Vindobona.org
About one million Czechs are classified as “working poor”. This means that about 10% of the Czech population has severe subsistence difficulties despite employment.
The main reason underlying the growing poverty is the economic recession. For six quarters in a row, the Czech GDP was down since the beginning of 2012. This year, the Czech GDP is expected to contract by…
or Log In
Fast News Search