Survey: Employees feel more secure about their workplace

Analysis

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The labor market stability index of insurer BNP Paribas Cardif and survey institute Median, which measured how secure employees feel about their workplace and job prospects, was at 61 points at the end of 2015, up by 1 point compared to the end of 2014, the two organizations said yesterday.

The stability index was 64 points for workers living in Budapest, up 4 points year-on-year. With a 1 point annual rise, the index was at 62 points for city dwellers, but it was down 2 points at 58 points for people living in villages.

Women were more optimistic than men. The index for them was up 2 points while it was unchanged for men.

Based on educational qualifications, workers with university degrees were the most optimistic, reaching 67 points with a 1 point annual rise followed by high school graduates with 64 points and a 4 point rise. The stability index among skilled workers was at 61 points, up 3 points compared to 2014.

Regional differences were visible as the index reached 63 points in Central Hungary and West Hungary, up by 4 points and unchanged for the year respectively, but was slightly down at 57 points in East Hungary.

Apart from the agricultural sector, the stability index rose across the board, it was the highest in the retail sector with a 3 point rise at 63 points.

While the labor market stability index with 61 points showed annual gains, it was 3 points down compared to the end of the third quarter in 2015.

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