More than half of the population believes in making a living from their monthly salaries.

According to a survey, 58 percent of the Czech population comes from their monthly income, while 40 percent said they have problems in this area. The results of the national survey were published on Saturday in Prague by the CVVM academic research institute in June. 20% of respondents rated their families as poor, while 10% rated them as rich.

In families classified as rich, the net monthly income of the interviewees exceeded 57 thousand kroner (798,000 fort), while the income for the poor was less than 24 thousand kroner (336 thousand fort).

95 percent of respondents stated that their monthly income allows them to meet the basic needs of their family – food, clothing and housing – and 80 percent have no problem with covering unusual expenses, especially health care. In the Czech Republic, since 2002, annual surveys have been conducted on how citizens evaluate their families and their economic situation. According to CVVM, this year’s survey produced the most positive results in the past 20 years.

The Czechs were least satisfied in 2012, when only 30 percent of those surveyed said they would receive their monthly income without any problems. Since then, the public’s satisfaction with their economic situation has steadily increased.

The center pointed out that “the result of 2012 was not a coincidence, but a logical consequence of the global economic crisis that began in 2008.” Sociologists note that until 2017, the proportion of dissatisfied people was higher than the proportion of satisfied people each year. Since then, the situation has changed and the proportion of those who evaluate positively the economic situation of their families and their families has been gradually increasing.

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CVVM also notes that this is a subjective assessment of the interviewees. The highest levels of satisfaction are among those with higher education, small entrepreneurs, and executives in large companies. The unemployed, unskilled workers and retirees are more than dissatisfied with their financial situation.

When asked about the consequences of the coronavirus pandemic, 19 percent of those surveyed said their families had financial problems with the pandemic, while 79 percent said they had no financial problems.

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