19,000 young jobseekers hired in expanded subsidy program

Government

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About 19,000 registered jobseekers under the age of 25 have been hired in the framework of an expanded subsidy program rolled out in June, state secretary for employment policy Sándor Bodó said on Friday, according to a report by state news wire MTI.

Employers who made the hires have applied for around HUF 10 bln in subsidies, Bodó said.

In the fall of 2020, the government rolled out the support covering half of payroll costs - gross wages and social contributions - up to HUF 100,000 a month for hiring jobseekers under the age of 25 or with a low degree of education. From June 1, eligibility for the subsidies was extended to all jobseekers under the age of 25 or anybody who has been registered as a jobseeker for a period of at least one month.

The subsidies are available for a period of up to six months.

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