Importance of vocational training for Hungary growing

EU

The role of vocational training for Hungary’s competitiveness is growing, and increasing the prestige as well as the pay of Hungary’s trained workers is important for the country’s convergence, minister in charge of the Prime Minister’s Office Péter Kiss said at the close of Hungary’s Vocational Training Season in Parliament on Thursday.

About 11% of Hungarian companies say they cannot find properly trained staff. If this were to change, Hungary’s low rate of workforce participation could rise seven percentage points, Kiss said. Hungary’s workforce participation rate is 58%, well under the 63% EU average. Kiss noted that a significant amount of EU funding is available for vocational training. (MTI-Econews)

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