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labor market

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Hungary Slashes Guest Worker Quota for 2025

D&T
Dec 27, 2024

Hungary’s fiercely anti-immigration government is halving the number of guest worker permits to be issued in 2025. With an aging population and a reliance on labor-heavy industries, experts worry that the country may face a critical labor shortage. "Hungary belongs to Hungarians; it will neither become a guest worker country nor a migrant country," the […]

Migrant Workers from Asia Expected in Hungary

D&T
Jul 4, 2022

There are no signs of a crisis on the labor market for the time being, but the wage pressure is so great due to inflation that HR departments are now citing this as the most pressing issue to address, Zoltán Karácsony, a job market expert at HR Portal, told the business news portal Világgazdaság [‘World […]

Employment Increases After First Pandemic Year

D&T
Sep 28, 2021

In August 2021, the average monthly number of employed persons aged 15–74 was 4,678,000 in Hungary. In June–August 2021, the average number of employed persons was 4 million 659, 40,000 more than in the same period of the previous year. Employment increased in the domestic primary labor market, but fell among those working abroad. In […]

Close to 4.7 million People Employed in Hungary

D&T
Jul 28, 2021

In June 2021, the average monthly number of employed persons aged 15–74 in Hungary was 4,692,000, 98,000 more than in the same period of the previous year and 85,000 more than in the previous month. According to data published by the Central Statistical Office, in April–June 2021, the average number of employed persons was 4, […]

In High Demand

D&T
Jan 22, 2021

Local demand for IT professionals has doubled over the past five years with employers seeking to hire as many as 44,000 digital professionals in the medium term, according to a recent study. However, the increasing shortage of computer scientists is set to leave many IT-reliant enterprises scrambling to meet their business objectives. A recently published […]

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