The labor market opportunities for graduates of Generation Z in the Czech Republic

Abstract

The main topic of this article is a comparison between job demand and the structure of university full-time graduates of generation Z in the Czech Republic. Firstly, there is defined generation Z in their demographic and sociological way with the bindings to their academic and work experience. Furthermore, there is described the current state of the Czech labor market. The quantitative data were obtained from the Ministry of Labor and Social Affairs, Labor Office of the Czech Republic and career website jobs.cz. Data about university graduates were obtained via the Ministry of Education, Youth and Sports and the Czech Statistical Office. Based on the comparative analysis there was found the disparity between the supply and the demand for university graduates of Generation Z on the labor market. Secondly, these data also proved persisting high demand for low-qualified workers, despite rapid wage increase. Demand for university graduates is especially limited on the technical, IT, marketing and financial fields. Finally, there are proposed recommendations to generation Z in the context of education and practice.