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Labor shortage grows in Hungary

Analysis

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Some 50,000 jobs were still waiting to be filled in Hungary in the first quarter of the year, with serious labor shortages developing in certain sectors and regions of the country, Hungarian news agency MTI reported, citing data published by the Central Statistical Office (KSH).

The proportion of positions remaining unfilled was the highest at enterprises in the IT and communications sector of the national economy, while the number of jobs waiting to be taken was highest in the processing industry, according to an analysis of the statistical overview published by the KSH.

In the first quarter, some 36,000 jobs were waiting to be filled at companies employing at least five people, while budgetary institutions had some 14,500 positions available. The former is a growth of close to 9,000, or approximately 33%, compared to the corresponding period of last year - the analysis reveals.

In the competitive sphere, companies took steps - or planned to take steps in the near future - to fill some 1.7 jobs out of 100 in the first quarter of this year, the summary states.

While the proportion of unfilled positions was highest at firms in the IT and communications sector, at 3.5% (2,900 jobs), the administrative and service support sector took second place in this regard, with a 2.4% proportion of jobs waiting to be filled.

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