The average gross earnings of fostered workers in August was reported to be HUF 78,000 a month, which is less than minimum wage. The government includes fostered workers as “employed” when counting the unemployment rate, which was reported to be at 7.4% between July and September.
Figures from the Central Statistics Office show that there were 195,100 people employed as fostered workers in August, 48,100 more than a year earlier. The average number was 180,800 in the first eight months, up from 111,000 in the same period of 2013.
Commenting on the latest statistics, Czomba noted that the bulk of new jobs were created in the private sector.
The state secretary also said that the government’s goal is for full employment, which means jobs for all who are willing and able to work. Taking into consideration the movements of the labor market, this corresponds to a jobless rate of approximately 3%.
The government will spend 60% of all European Union funding on fostering economic growth in the new budget period. In other words, HUF 1 trillion-HUF 1.2 trillion will go towards creating jobs, according to MTI.
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