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Program for 1st time job seekers starts

The Tax Office will offer allowances to employers from October 1 to encourage them to employ first-time job seekers, the office's deputy chairman said yesterday. Under the Start program, during the first year of employment of a graduate under 30 or a career beginner under 25, the employer must pay 15% of the monthly gross wage to the pension and health funds as against the current 29%, István Juhász said. In the second year, the payment increases to 25% of gross wage, but they are also exempt from paying an additional monthly health-care contribution of Ft 3,450. (MTI; Nb 14)