Growing number of Czechs have trouble making ends meet on their income

The decline in real incomes is making life difficult for a growing number of Czechs, according to a survey by the LMC agency. According to the results of a June poll, 55 per cent of people are having difficulty covering their basic needs from their income and are having to dip into their savings, while a fifth of employees are experiencing significant difficulties. According to LMC, which operates the Jobs.cz and Prace.cz job sites, 12 percent of employees have experienced serious financial difficulties in the last 12 months, such as foreclosures or a visit by a debt collector.