Gov't Renews Subsidies to Support Job Seekers

Government

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With a HUF 17.6 billion budget, the government has re-launched subsidies to support job seekers and help them gain work experience, which can contribute to the placement of more than 20,000 people, said State Secretary for Employment Policy Sándor Czomba of the Ministry of Economic Development, according to business daily Világgazdaság.

According to its description, the program targets job seekers under the age of 25, or those over 25 who have been registered for at least one month, for a maximum of six months.

The subsidy covers 50% of the wage costs borne by the employer, but in the case of full-time employment, a maximum of HUF 250,000 per month, making a maximum of HUF 1.5 million in support.

If eligible, the workforce support can cover up to nine months when used in conjunction with the support programs promoting the acquisition of work experience.

In this case, the level of state support can exceed HUF 3 mln per job seeker.

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