State Secretary: Number of registered jobseekers fell to 224,598 this month
The number of registered jobseekers in Hungary fell to 224,598 this month, an all-time low for the month of August.
The number of registered jobseekers in Hungary fell to 224,598 this month, an all-time low for the month of August.
Applications for subsidies of more than 10 billion forints (EUR 25.15m) have been submitted in the programs which target Hungarians under 30 and over 30.
224,000 job-seekers were on the records, over 3,000 fewer than in July last year.
The scheme will include support for wages, rent and commuting costs, as well as for training.
The new scheme will see retiring employees stay on and share their experiences with younger peers.
Sándor Czomba said the number of jobseekers was down by 3,000 from a year earlier.
Businesses in the farm, tourism and catering sectors are eligible for subsidies covering 75% of payroll for students working up to eight hours daily.
Last year, Hungary’s unemployment rate was brought down to 3.6%, putting the country at the forefront of the European Union.
Sándor Czomba said vacant positions would be filled primarily by Hungarians and nationals of EU countries, while job seekers from neighboring countries, Ukraine and Serbia, would be employed only when no Hungarians had been found.