Analysts wage competition in a tight labor market also carries inflationary risks

By: Trademagazin editor Date: 2021. 08. 30. 11:35

🎧 Hallgasd a cikket: Nyelv: Sebesség: 1.05×

In addition to the lifting of restrictions in the third wave and the recovery of the service sector, seasonal factors also helped achieve a historic employment level in July. However, analysts interviewed by MTI also warn that wage competition in a tight labor market also carries inflationary risks while helping GDP growth.

Wage competition in the labor market helps growth, but it can also increase inflation

According to a report by the Central Statistical Office (KSH) published on Friday, the average monthly number of employees aged 15-74 was 4 million 704 thousand in July, 12 thousand more than in the previous month and 94 thousand more than a year before. (MTI)

Tags: bérverseny, elemzők, foglalkoztatás, infláció, KSH, magyar gazdaság, munkarőpiac

Analysts wage competition in a tight labor market also carries inflationary risks

Related news

Related news

Analysts wage competition in a tight labor market also carries inflationary risks

Related news

Export champion with innovation in the sugar market curve – Budapest industry roundtable on the competitiveness of confectionery manufacturers

Inflation: stagnation instead of expected increase – 4.3% annual rate, 3.9% core inflation

KSH: in September, consumer prices exceeded the values ​​of the same month of the previous year by an average of 4.3 percent

Related news

Export champion with innovation in the sugar market curve – Budapest industry roundtable on the competitiveness of confectionery manufacturers

METRO’s Tasty Hungary initiative has been launched

How to store eggs? – Useful tips from Nébih

Loading, Please Wait!

KSH: in September, consumer prices exceeded the values of the same month of the previous year by an average of 4.3 percent