Lower Silesia in Poland- best chance for employment?

Lower Silesia in Poland- best chance for employment among other regions?

 

Lower Silesia, next to Mazowsze and Greater Poland, atrract the majority of foreign investments.The number of newly established enterprises with foreign capital is growing faster here than in other parts of the country. This facilitates the transfer of the latest technologies, create new jobs, increase exports and competition. Since 2005 Wrocław Agglomeration Development Agency has been working effectively. Its main purpose is to help foreign investors to develop interest in Lower Silesia.

ARAW the main advantages of the region considered:

  • good location – not far from us is to Warsaw, Prague and Berlin;

  • strong staff educated at prestigious universities in Wroclaw;
  • quality of life;
  • support provided to investors by the local government.

    Quite innovative and interesting idea is the programme called Populus. This programme was created by young mathematicians under the guidance of prof. Alexander Verona from the center Stochastic Methods. H. Steinhaus, Wroclaw University of Technology. The main purpose of it is to predict, how polish future Lower Silesia labour market will look like. It’s a kind of “crib” not only for investors but also universities that can adapt their educational programme to meet the future demand for certain professions.

    The structure of unemployment

    In Lower Silesia, most retailers are unemployed. At the same time it is addressed to them, most job offers. Characteristic of this professional group is the frequent change of employment. The impetus for this may be any potential increase. In addition, most of the registered unemployed is:
    *masons,
    *locksmiths,
    *tailors,
    *cooks,
    *housekeeping.

    The percentage of unemployment among people with higher education is 6.2 percent. The hardest to find a job political scientists – one offer falls 128 registered unemployed. At the opposite extreme are the IT programmers – although one in ten computer systems engineer has trouble finding a job.

    The professions of the future

    We can specify certain tendencies, which will govern the labor market during next three years. According to the “Forecasting the labor market and skills needs” edited by Teresa Kupczyk most jobs will be for:
    traders,
    physicists,
    chemists,
    team building,
    painters of buildings,
    construction workers finishing works
    production line operators,
    computer,
    secretaries,
    bodyguards
    sellers
    architects,
    engineers,
    caregivers for children and the elderly,

    This trend is a result of the announced development of the IT industry and research laboratories. New companies investing in Lower Silesia will need office personnel, thanks to construction boom occuring ahead of Euro 2012 employment will find architects and builders. Demand for bodyguards will increse because of growing insecurity. An aging population will increase the number of vacancies for carers of older people.

    What is important for recruitment

    As people involved in selection of employers admit, the importance attached to formal education of candidates for specific positions is decreasing. More important is the experience, personal features and so called soft skills. The most desirable features are, therefore, good communication skilld, openness to change, ease of finding themselves in different situations, independence, creativity and willingness to learn. Employers also value the knowledge of foreign languages​​, especially English, German and French, but more often the Dutch, Japanese, Italian, Korean and Swedish. A valuable skill is knowledge how to apply effictively for EU funds . A popular way to recruit, especially in managerial positions, is so called the assessment center,which checks abilities to manage a team.

    As for us- young people who are getting closer to career related choices,there is great importance in observing the economic situation of our area of living.As we will be up to date with all predicted investments, new companies creation and expanding we will be more successful in concluding the skills we should improve or gain in order to be more likely employed in years to come.

 

Sources:

http://p4g-project.eu/artykuly/280/Information-and-statistics/

http://gazetapraca.pl/gazetapraca/2029020,90443,4477964.html

http://pl.wikipedia.org/wiki/Wojew%C3%B3dztwo_dolno%C5%9Bl%C4%85skie#Gospodarka

/By Alicja Łoś, Emilia Janaszkiwicz/

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CYPRIOT CURRENT SITUATION

 

CYPRIOT CURRENT SITUATION-

 

 

In order to avoid being thrown away from European Union, Cyprus had to accept last minute bailouts. Of course to achieve this supposrt they have to make some sacrefices-in this case it will affect depositors, who put their savings in the Cypriot banks.This is supposed to be the way to prevent collapse of the economy.The country agreed to tax bank accounts holding 100,000 Euros. Now the tax is expected to be raised to 5,8 billion Euros and generally as Stefan Kourbelis(manager at centrum hotel in Nicosia) said, it can be seen as an experiment made on a smaller country which is not of great importance so the eventual damage can be bearable. I think he reffers to the previous problematic situation in Ireland, Greece, Portugal or Spain where depositors haven’t been touched by a crisis so deeply as in Cyprus.

 

 

In my opinin it is understandable that reach countires like Germany or the Netherlands do not want to be ”breakwinners” for poorer counties, supporting them continuously with their money. It brings out the concern about the efficiency of the Euro zone, because as Iraland’s Finance Minister Michael Noonan said the euro zone will face a lot of obstacles until the Cyprus issue is resolved,in particular the issue how bank depositors will be treated.

 

 

 

As we know the government extended the holiday for banks to put stop for run on banks. In addition banks are supposed to limit daily withdrawals. I consider that even though it might be helpful and it can slow the smuggling, it will anyway threathen to the local economy. It’s almost sure thet the capital control arrive to Cyprus to late, actually few years after it should be introduced.The new control’s target is to stop money from fleeing too fast, so in other words it deacrease the amount which anybody can take out of the Cypriot.It is claimed to be just temporary but if it will work I wouldn’t be so sure. During 2008 and 2009 Cypriot became good place for hot money.That was caused by the fact that Cypriot banks paid higher interest rates on euros and very often did not have a lot of requirements like for example the knowledge where those money come from. The Asian currency crisis of the 1990 showed how unstable country situation can be, taking into consineration hot money.

 

 

 

I think looking at Cipriot situation we can find many similarities with the event whhich occured in Ireland before.The also took advantege of capital inflows but in the end the oversised banking system failed and then when foreigners wanted their money at once, Ireland decided to support their banks leading to virtual bancrupcy of the country’s government.

 

 

 

Nowadays cypriot depositors like for example Mr. Argotis (an independent financial executive) feels really unsatisfied and angry about their current position, he says “We were a member of the European family.Now it seems they want to push us out of the euro.” Within Cyprus as people realize how badly the national economy might be influence by the combination of capital controls on the flow of money out of the country and the freeze on the account of bank deposits, feelings of dissappointment is increasing. Some establishment figures are now discussing the option of leaving the euro currency union.

 

I think we can also connect Cyprus economic and financial problems with U.S mortgage crisis from 2007.That time Cyprus suffered the sharp drop in the local business activity and tourism sector.

Cypriot debt compared to Eurozone average

 

What is more unemployment in the country has been rising. The Cyprus economy has been influenced especially hard by the several bailout packages Greece was granted during the last few years.Cyprus was already going on with loans from Russia and the Greek crisis has only intensified its difficult position.Russia won’t help Cyprus. But on the other hand if Cyprus collapse, Russia would lose a lot because they have assets and holdings with a value of 24 billion euros

 

In my opinion the world is concerened about Cyprus mostly because its close ties to Greece- falining economy in one country will devastate the other one.What follows that- it will reflect on the E.U.,already weakened because of debts crisis. When it comes just to bare Cyprus there is not really any consequences in Europe because Cyprus production is just 0.2 % of the Eurozone production.

 

Sources:

http://en.wikipedia.org/wiki/2012%E2%80%9313_Cypriot_financial_crisis

http://topics.nytimes.com/top/news/international/countriesandterritories/cyprus/index.html

http://www.bbc.co.uk/news/world-europe-21992745

 

/By Emilia Janaszkiwicz,Alicja Łoś/

 

 

 

The most important challenges for the labour market in Poland

Since a few years there is a visible mismatch between what the employers expect from their future employees and what kind of expectation the employees can meet. Nearly ¾ of employers have now difficulties with finding candidates corresponding with their requirements.

As an attempt at changing this situation for the better there was a conference trying to find answer the most important questions.
The first identified problem is stagnation in spite of the steady growth of employees. According to the research, every year since 2010 about 17% of employers were looking for employees. However, combined with increasing uneployment polish labour market  still remains stagnant. Another factor of high unemployment is incompatibility. Job seekers often represent not adequate skills or professional competence (related to the specific job on a certain posts) and connected with self-organisation. The greatest shortage in labour market is seen in jobs related to construction and professionals in strict areas. On the other hand, professions in which there has been noted an excess are salesmen, office workers and labourers in areas such as industry, mining and transport.
Unfortunately, the economic growth is still not sufficient and there is still not enough new workplaces. Up to 90% of employers looking for new workforce intended to hire within the scope of rotation on already existing positions. Percentage of new created posts remains on a stable level in comparison to previous years (10% in 2010, 9% in 2009).

Another factor contributing to the current situation is a general European problem with the ageing society existing also in Poland. Indicators of employment for the older generation is one of the most unfavourable in the whole Europe. In 2011 according to the research of BKL, only 49% of men aged 50-64 were finding employment (average in the EU – 65%). In case of women the indicator is even worse – 48% (EU 63%). Fortunately, the situation is slowly changing, as in the 2012 the rates were 50% for men and 51% for women but still more time is necessary for more visible improvements.
Connected with ageing of the society is lack of motivation among people over 45 years old for further education and self-improvement. That creates another factor discouraging employers from hiring them instead of younger and better educated candidates.
However, the situation of graduates is not better. The unemployment rate among young people is growing and the average salaries also dropped slightly. These days, young people have to be very well oriented in the labour market situation and choose wisely their future studies or vocational school. Good choice may guarantee a good, well-paid job whereas thoughtless choice may lead to unemployment or low-paid job.

Sources:

http://pl.wikipedia.org/wiki/Rynek_pracy

http://pokl.parp.gov.pl/index/more/31860

 

/By Emilia Janaszkiewicz, Alicja Łoś/