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.
‘Since Viktor Orbán became prime minister, his country has had one of the strongest economies in Europe. While the economies of Germany and France have been sputtering and stumbling, Hungary has continued to set an example of economic prowess and strength that much of the rest of Europe would be wise to follow,’ Larson wrote in his analysis published by The European Conservative.
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 Roma were the real losers of the fall of communism. With the regime change, most Hungarian Roma, and in fact, many non-Roma Hungarians, lost their livelihoods, as the unskilled jobs they had filled vaporized with the collapse of the outdated and unsustainable industry created under state socialism.
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.
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 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.
Recently published statistics about 2022 workforce data show that the Hungarian unemployment rate has plunged to under four per cent.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.