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Ministry Flags Need for Nearly 0.5 mln New Workers by 2030

Figures

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The Economic Development Ministry said Hungary will need almost half a million new workers by 2030 to meet labor demand created by investments ensuring stable economic growth in a statement issued on Tuesday, according to a report by state news wire MTI.

Those investments, necessary for Hungary's economic convergence, cannot be abandoned because of a labor shortage, the ministry said.

The government aims to resolve the issue by bringing the more than 300,000 economically inactive Hungarians back to the workforce through training and re-training programs, it added.

Guest workers should be hired only if there aren't enough Hungarians to fill positions, the ministry said. Modifying rules on employment of guest workers from outside of the European Union - for whom employment quotas are in place - would strengthen the protection of Hungarian workplaces, boost employment and bolster the work-based society amid the drawn-out wartime situation, it added.

The ministry noted that Hungary has the fewest guest workers among the Visegrád Group countries.

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