Over 26,000 Students Participate in Summer Jobs Scheme

Figures

Photo by Pressmaster/Shutterstock.com

Around 26,500 students have participated in a state-supported program that places them in temporary jobs this summer, the Technology and Industry Ministry said in a post on Facebook on Friday.

The ministry noted that the original HUF 2 billion allocation for the scheme this year was raised by close to 50% early in July.

Almost 4,500 employers have availed of the subsidies this summer.

Under the program, local councils are eligible for subsidies covering 100% of payroll costs for students for two months, although work hours are limited to six a day. Businesses in the farm, tourism, and catering sectors are eligible for subsidies covering 75% of payroll for students who can work up to eight hours a day.

The summer jobs scheme has supported the employment of about 270,000 students with close to HUF 27 bln in subsidies since its launch in 2013.

ADVERTISEMENT

MNB Sees Broadening Disinflationary Impact Till Year-end MNB

MNB Sees Broadening Disinflationary Impact Till Year-end

V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate' Int’l Relations

V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate'

AutoWallis Green Investment Project Value Reaches HUF 3 bln Automotive

AutoWallis Green Investment Project Value Reaches HUF 3 bln

Budapest Muni Council Clears Rác Baths Renovation Tourism

Budapest Muni Council Clears Rác Baths Renovation

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.