ADVERTISEMENT

March sees more registered job seekers

Conferences

Approximately 462,000 job seekers were registered in Hungary at the end of March, up from 431,500 a year earlier and 430,700 at the end of the previous month, the National Employment Office (NFSZ) said on its website on Friday. The NFSZ said 22.1% of the total had been seeking work for more than one year, down 6.4 percentage points from a year earlier. 


The number of employed in Hungary increased by a year-on-year 1.9%, reaching 2,856,000, in February, including the 168,900 full-time fostered workers, Hungary’s Central Statistics Office (KSH) said on April 21. Commerzbank said late in January that Hungaryʼs fostered workers scheme type of job creation is reaching its limits.

Fostered workers are employed by the government and paid less than minimum wage to work at jobs such as street sweepers or Metro ticket takers.

Fostered workers are employed by the government and paid less than minimum wage to work at jobs such as street sweepers or Metro ticket takers.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.