The domestic wage level and minimum wage in Hungary put the country at the bottom of the European Union rankings – yet another challenge facing the new government that is getting settled. A new study looks at how much of an increase would remain economically sustainable. Between 2010 and 2019, domestic wages were characterized by […]
Nearly 570,000 workers earn a guaranteed minimum wage of HUF 260,000 gross or less, which is nearly 20% of full-time employees, according to data from the Hungarian Central Statistical Office KSH). KSH has published its analysis of the second quarterly wage data. It shows that wages are growing fast in Hungary, but also that a […]
