From an economic perspective, demographic trends are vital, as they determine the size of the workforce, tax revenues, pension expenditures and the future trajectory of healthcare spending. Declining population – and its possible impact on employment – is one of the longer-term challenges faced by the new Hungarian government, headed by Péter Magyar, coming to […]

Staff turnover has slowed at Hungarian companies, which have been increasingly cautious in their recruitment in recent years. Currently, many employees would like to change jobs, but their options have become more limited, according to a statement released by the job portal Profession.hu to MTI on Friday. The announcement highlighted that since 2023, the proportion […]

Hungarian employers expect employment indicators to improve in the last quarter of this year: 25% of Hungarian companies plan to expand their workforce during this period, while 17% expect to reduce it, according to a labor market survey by Manpower Hungary published on Wednesday by MTI. ManpowerGroup surveyed more than 40,000 employers in 42 countries […]

Although the previous labor shortage has eased over the past year, the Hungarian labor market still can't breathe easy. According to a recent analysis by Work Force, the economic slowdown has led to more potential candidates, but companies are still struggling to find suitably qualified and motivated workers, especially in manufacturing, the automotive industry, and […]

In the first quarter of next year, 31% of domestic employers plan to expand their current workforce, while 21% expect to reduce it. Jobseekers can expect a brisk demand for labor in this period, especially in IT, financial and real estate companies, according to a labor market forecast published by Manpower Hungary on Tuesday. There […]

26% of Hungarian employers expect to increase their current workforce in the second quarter of 2023, while 22% plan to reduce it, with staff increases mainly in larger companies, ManpowerGroup said on Tuesday, based on its Labor Market Forecast.    ManpowerGroup conducted its quarterly survey of more than 41,000 employers in 41 countries around the world, […]

Companies will put much more focus on retaining their workforce than in the past. With labor shortages still persisting in Hungary, larger employers are typically attracting labor away from each other, an expert told the business news site napi.hu. This trend is particularly noticeable at the beginning of the year, as there is a greater […]