Sector

Introduction Description Interaction  Response Action

  What is the SECTOR in the City like  ?

Economic Entities

As of the end of 1997 Prague’s statistical register contained 274,210 economic entities of which legal entities and natural persons/self-employed individuals accounted for 71,749 and 202,461, respectively.

Information provided by the register indicates that most of the legal entities deal in commerce, catering, sales and maintenance of motor vehicles, and consumer goods. The second largest group is represented by entities providing services to enterprises dealing in real estate and its leasing, data-processing etc.

As to their legal forms the statistical register contained 3,573 joint-stock companies, 41,860 trading corporations (limited-liability companies, public limited companies, and societes commandites), 778 state-owned enterprises (mainly residual, in liquidation), 3,144 cooperatives, and 202,461 self-employed individuals.

Employment and Salaries 

In the third quarter of 1997 business companies (except for small enterprises) and non-commercial
organizations and institutions having their seat in the territory of Prague employed 844,692 people, an increase of 2.8 % in comparison with the same period of 1996. The highest growth rate (18.3 %) was shown by the retail trade, repairs of motor vehicles, and consumer goods sectors, while the number of employees dropped most (11.7 %) in agriculture and forestry. 

According to the Prague Labor Office the registered unemployment rate as of the end of the fourth quarter of 1997 was 0.87 %. As of the end of 1997 the Office had registered 5,442 job applicants (2,710 in 1996 when the unemployment rate was 0.43). On the other hand, the number of 12,017 vacancies in Prague dropped to 7,546 (12,017 in 1996), i.e. only 1.4 times the number of the job applicants. Compared to the Czech Republic as a whole whose unemployment rate was 5.23 % (over 6 % in some districts) the unemployment rate in Prague continued to be low. In some districts of the country it has climbed over 9 %. The unemployment in Prague affects mostly people with elementary education or secondary vocational training. 

The average monthly salary of employees in Prague’s business companies and budget- or
contribution-financed organizations was CZK 12,494 in the first nine months of 1997 which translates into an increase of CZK 1,587.- (14.6 %) in comparison with the same period of 1996. Earnings in the banking and insurance sectors averaging CZK 18,036.- for the first to third quarters of 1997 substantially exceed the average salary in Prague.

Absence from Work due to Illness or Injury 

The absence from work due to illness or injury is an indicator characterizing, partly at least, the health of the population. A global indicator of the absence from work due to illness or injury is the average illness/injury incidence rate, a percentage which shows how many of the insured were, on average, absent from work due to illness or injury on any given day. In 1997 this figure was 4.809 % - an increase of 0.439 % compared to 1996.
Understandably enough, illnesses accounted for most of the absences from work (4.486 %) while injuries contracted in the course of work and other injuries accounted for 0.141 % and 0.182 %, respectively. 

Compared to 1996 the average duration of absence from work showed a slight increase (25.05 days in 1997 as opposed to 24.59 days in 1996). 

The information was collected in companies and organizations of Prague and pertains to 817,588
health-insured workers who together accounted for 572,781 reported cases of absence from work due to illness or injury representing a total of 14,351 million calendar days. On the average, 39,318 were absent from work every day, i.e. 25.5 % more than in 1996 (the number of the insured was 14 % higher than in 1996).