Under the new scheme, the state will cover 50 per cent of the employee’s salary for four or six months. If the workplace is more than 60 kilometres away from the place of residence, rental support up to 70 per cent of the minimum wage, or 180,000 forints, can be requested under the programme. Within a sixty-kilometre radius, travel expenses of 10,000 forints per 10 kilometres will be provided.
The figures clearly show that over the past decade the economic and employment boom in Hungary has been accompanied by a marked improvement in the demographic situation.
The government’s primary focus for the current year is the restoration of economic growth while continuing to reduce the budget deficit and national debt.
According to the study, 15 per cent of young Hungarians frequently experience feelings of isolation, which is of concern as chronic loneliness not only has psychological ramifications but, in certain cases, also entails physical consequences. The report highlights that 41 per cent of young people in the Western Transdanubia region and 38 per cent of their counterparts in the southern Transdanubia region claim to feel lonely always or often.
The Central Statistical Office released its data for the month of November 2023. The press release pointed out that the number of employed individuals reached 4,736,000 in Hungary.
The new Hungarian draft law laying down general rules on the entry and residence of third-country nationals is an unprecedentedly strict piece of legislation, not only in Europe but also globally, to regulate the employment of workers from outside the European Union.
If the draft law is adopted, guest workers in Hungary will be employable only under the strictest rules, and foreigners will be allowed to work in Hungary only if no Hungarian workers are available for the vacancies they seek to fill.
Minister of Culture and Innovation János Csák terminated the employment of National Museum Director General László L. Simon on Monday. The director general’s downfall was caused by his inadequate addressing of the LGBTQ-related controversy around the World Press Photo exhibit the museum hosted.
Magyar Vagon Ltd. is affiliated with the President and CEO of MOL, Zsolt Hernáda, who, as of the 2023 edition of the list, is the seventh most influential individual in Hungary.
Inflation fell for the eighth month in a row after peaking at 25.7 per cent in January. Food prices rose by 15.2 per cent in September, after a 19.5 per cent increase in the previous month.
The data demonstrates an increase in both marriages and the proportion of those with children among people under 30, while at the same time shows an overall aging trend in Hungarian society.
‘Big companies are coming to Hungary with R&D budgets that are significant in themselves. Rheinmetall, for one, is the twenty-fourth largest company in the world’, Hungarian Ministerial Commissioner Imre Porkoláb underlined in a recent interview.
The gross average earnings were 16.0 per cent higher, and the net average earnings were 15.9 per cent higher compared to the same period last year, as reported by the Central Statistical Office (KSH) on Thursday.
Based on the latest data, nearly 4.8 million people are employed in Hungary, and the unemployment rate stands at 3.8 per cent, well below the EU average. The data reflects that the Hungarian labour market remains tight, and employment is in good condition, State Secretary Sándor Czomba stated.
Since 2010, the government has been working towards achieving full employment and building a labour-based economy. Compared to 2010, one million more people are now employed in Hungary, and the number of those employed is steadily approaching 4.8 million.
The CEO of BNP Paribas Cardif, Márk István Kiss, noted in the press release presenting the results of the survey that the rising prices and the challenging economic situation have not significantly impacted labour market processes, and the mood of Hungarian employees seems to be stabilising overall.
Sándor Czomba stated that since 2010, the number of employed people has increased from 3.7 million to 4.7 million, thus achieving one of the government’s commitments to create one million new jobs in ten years.
The 2024 budget is a defence budget because during times of war, Hungary needs a budget that guarantees its security, protects families, pensions, jobs, and reduces utility costs, the Hungarian finance minister stated in parliament on Tuesday.
The Hungarian employment rate of 74.6 per cent exceeds the EU average. In addition, Hungary also has one of the lowest unemployment rates in the EU, 3.9 per cent, according to official April figures.
The national recruitment campaign showcases the career model offered by the prison service at job fairs, educational exhibitions, village and city days, sports and cultural events to interested individuals. According to data released by the National Prison Service Headquarters in March, there have never been as many people incarcerated in Hungary as at the end of last year.
Péter Szijjártó welcomed Novartis’ announcement that the Swiss pharmaceutical company is establishing a new regional research and development centre in Budapest, from where it will coordinate its research projects in Southern Europe and Africa.
Retirement generates an income loss in all countries. However, Hungarian employees suffer the smallest decline in living standards after retirement in the whole of Europe.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.