Employers see the labor market situation unstable

Employers in Hungary, see labor market situation precarious in the next quarter. 71 percent of them are not planning any redundancies nor recruitment by the end of September.

According to Manpower's latest representative labor market survey, 13 percent of the 750 surveyed companies in Hungary are planning dismissals, while 11 percent are planning recrutments by the end of September 2012. Manpower’s labor market indicator is now standing on minus two points, compared to the minus 3 points of the previous quarter, and compared to the plus one point of the same period of last year. (MTI)