The private sector improves the employment
According to the senior analyst of the K&H Bank mainly the private sector improves the employment data, but further improvement will be slowed by the fact that it increasingly difficult to mobilize new workers.
Németh Dávid told M1 news channel on Saturday that the public works program has a minor role in employment growth, especially the private sector recruits more and more workers. In addition, the number of those who have an address in Hungary, but work in neighboring countries also growing.
Related news
K&H: large programs drive green loans
According to data from the Hungarian National Bank, the total…
Read more >KSH: in September, the number of employed people was 4,699,000, the unemployment rate was 4.5 percent
In September 2024, the average number of employed persons aged…
Read more >K&H: young people seem more pessimistic when it comes to their salary
Among working young people, eight out of ten expect to…
Read more >Related news
Hungarian family businesses invest in cooperation, not generational change
More than 20 percent of the 515,000 partnerships operating in…
Read more >Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >