News in Brief
Number of jobseekers continues to fall
The number of jobseekers in Hungary stood at 224,914 in November, 1,200 fewer than in the same month a year earlier.
Sándor Czomba
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News in Brief
Czomba: Minimum wage agreement provides 'security' for employees and employers
The deal, reached between employers, unions and the government, would raise the statutory minimum wage by 9pc in 2025, 13pc in 2026 and 14pc in 2027.
News in Brief
Hungary's minimum wage will rise by 9% in 2025
The minimum wage would rise by 12 percent on average in the next three years.
News in Brief
Number of jobseekers fell in Hungary in October
The government aims to boost the employment rate to 85 percent and tap the 300,000-strong labor market reserve.
News in Brief
State Secretary: Hungary's labor market remains tight
Hungary has the eighth-lowest jobless rate in the European Union while it is among the top ten member states in terms of employment.
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State Secretary: Average gross wage could climb to HUF 1 million/month by 2028
The targets could be reached if GDP growth accelerated and inflation stayed predictably low.
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State Secretary: Hungary's minimum wage needs to rise 50% by 2027
The minimum wage needs to rise by 11-12pc per year, Sándor Czomba said, adding that GDP and inflation levels as well as productivity increases also needed to be weighed.
News in Brief
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.
News in Brief
State Secretary: 9,000 jobseekers matched with employers in EU-funded programs
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.
News in Brief
State Secretary: Number of registered job-seekers reached record low in July
224,000 job-seekers were on the records, over 3,000 fewer than in July last year.
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Government to launch scheme to boost employment among under 30s
The scheme will include support for wages, rent and commuting costs, as well as for training.
News in Brief
Hungarian government to launch jobs scheme helping career starters
The new scheme will see retiring employees stay on and share their experiences with younger peers.
News in Brief
Number of jobseekers falls in Hungary despite current economic climate
Sándor Czomba said the number of jobseekers was down by 3,000 from a year earlier.