The Models of Estimated Development of Labour Market in the Czech Republic up to 2050

Population ageing will considerably influence economic and social structure of the population. The labour market will change completely. The lower number of persons in productive age and the rise of proportion of older age groups will speed up ageing after 2030. The future development of labour market will face a challenge of reduction of the negative initial demographic conditions. The main problem of the labour market in the Czech Republic is the exclusion of all groups of population due to the lack of flexible jobs, mainly part-time jobs (for example students, mothers with children and elderly people). The analysis shows a possible way of measuring these reserves on the labour market. The comparison with labour indicators (mainly specific employment rates by gender and age) of other European countries is the aim of this approach. This offers a possibility to construct the scenarios of the future development in the Czech Republic.