Gov't to Launch Job Placement Scheme for Under-30s on Apr 15
Image by Shutterstock.com
The government will launch a close to HUF 200 billion European Union-funded program to boost employment among Hungarians under 30 on April 15, state secretary for employment policy Sándor Czomba said on Wednesday, according to a report by state news wire MTI.
The scheme, which will include support for wages, rent, and commuting costs, as well as for training, could help around 84,000 young Hungarians find work in 2024-2029.
The program will cover half of the employers' payroll costs, up to a monthly HUF 250,000, for new hires under 30 for up to six months in some cases.
It will make up to HUF 186,760 a month available for rent support for potential hires who live more than 60 km away from work.
New hires who opt to commute can get HUF 13,340 in support for every 10km they need to travel to work.
Low Housing Construction Activity in Q1
CEETRA Celebrates Regional Brands in Budapest
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.
