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Jun 03, 2019

Hungarian government announce scheme for supporting young people who take up summer jobs

Finance Minister Mihály Varga said some 30,000 16-25 year-olds will be helped by the 3.6 billion HUF (11m EUR) scheme.

The Hungarian government has announced a scheme for supporting young people who take up summer jobs.

According to MTI, Finance Minister Mihály Varga said some 30,000 16-25 year-olds will be helped by the 3.6 billion HUF (11m EUR) scheme.

Minister Varga said local governments and their funded institutions as well as farming and tourism enterprises will be eligible to receive support for employing the students in the scheme.

Fully 75 percent of wages and the social contribution tax will be reimbursed to employers under the scheme. Local governments will receive full reimbursements for up to two months, from July 1st to August 31st, for a maximum of six hours per day.

The Minister concluded that last year, 29,000 students took part, many of whom also completed their compulsory internships. The jobless youth rate has fallen from 30 percent in 2010 to 10 percent today.

photo: simplejob.com