No abstract

The current pandemic has far-reaching consequences for people's lives, employment and family life; has also changed the economic environment. The Covid-19 pandemic had, among other things, significant effects on the labour market, which has undergone significant changes. Thanks to the support of the Czech government and its program, the unemployment rate in 2020 remained so far at 3.51%, which is the lowest unemployment rate of all EU countries. The labour market also opens up space for a more significant implementation of the Industry 4.0 concept, which can increase the competitiveness of companies. The aim of the article is to analyse the dynamic development of basic values observed in the labour market (employment, unemployment, wage developments, etc.) in individual quarters since 2018. Furthermore, the Czech government's employment support programs and the main changes that may occur as a result of the Covid-19 pandemic were presented. The paper presents a multilevel analysis of given condition, as it also takes into account the framework of global changes, which we became part of before the arrival of Covid-19. Without these changes, it is not possible to move advance in with the Industry 4.0 initiative.

This paper presents the results of the financial literacy survey of university students in the economic fields of study. The research was conducted by a questionnaire survey method at two universities, one of them in the Slovak Republic and the other in the Czech Republic. The survey involved both, the full-time students as well as the part-time students. In the framework of this survey, some of the personality characteristics of the participants were found out, and in the second part, they solved a total of thirteen problems in the area of daily financial decision making. The questions examined their financial literacy across four areas of personal finance, namely time value of money and perception of inflation, annuities and debt repayment, risk and investment, and decision making. All questions were assigned as multiple choice questions with four response options, one of which was the correct answer, two incorrect answers, and "I do not know" option. While the part-time students answered over 56% questions correctly, the full-time students answered only 51% questions correctly. After identifying a higher level of total financial literacy of the part-time students we applied the methods of the statistical analysis and subsequently, we detect the areas where daily students are lagging behind. At the end of the article, we summarize the causes of this phenomenon and propose possible solutions to the current situation related to the development of financial literacy. The monitored areas of this article serve as an output of a forthcoming pilot project that focuses on identifying the preferences of consumer attitudes, loans, savings, and investments of a select population of the young generation.

Data Envelopment Analysis (DEA) is a relatively new method, a nonparametric technique used nowadays to evaluate the efficiency of the Decision-Making Units. Using this method, the Decision-Making Units can be compared between each other and the most effective ones can be found. Using the DEA method, the performance of a logistic company with twelve warehouses as DMUs is evaluated in this paper. "DEA Excel Solver" user program was used to solve the problem.

Financial literacy affects numerous economic decisions of peo­ple on a daily basis, as well as the strategic financial management of corpo­rations. In several previous studies, the authors confirmed a significant dif­ference in the level of financial literacy between full-time and combined stu­dents. Based on these results, they hypothesized that practical experience has a positive effect on the level of financial literacy, but this needed to be verified. Therefore, a new survey was conducted with an extended version of the questionnaire with questions specifically related to the practical use of financial products and services. Students of economics who have access to education that supports the growth of financial literacy were interviewed. However, the distribution of the examined groups was not determined by age, a form of study and other common aspects, but the divider was in form of the experience gained, which provided a unique approach using an ad­equate statistical set of respondents. The results from primary research showed differences in knowledge and the way of solving tasks in the moni­tored groups of respondents. Using statistical analysis methods and hypoth­esis tests, the authors’ hypothesis was confirmed and it was shown that stu­dents using a wider range of services performed better. It provides usable in­terdisciplinary outputs for HRM, applied psychology, pedagogy and finan­cial management. The level of financial literacy was tested by the personal finance index which is an innovative metric that analyses knowledge from the eight functional areas of financial literacy. Given that the research sam­ple was drawn from a group of people studying financial management and entrepreneurship subjects, it was also confirmed that theoretical knowledge alone is not sufficient to significantly enhance financial literacy. Thus, the ir­replaceability of practical experience for enhancing the level of financial lit­eracy was demonstrated.