The labor market revived – the number of job applications increased by 25 percent

The workforce is in revival

The significant increase in demand for labor experienced during the year seems to have eased by the third quarter: a 1 percent increase compared to the same period of the previous year. However, there has been a revival on the side of the candidates: compared to the third quarter of 2021, the number of applications in Hungary increased by 25 percent. During the last 18 months, not only was there no growth on a year-on-year basis, but the number of applications decreased from quarter to quarter. This trend changed with the beginning of autumn: applications have started, employees are more actively looking for jobs – the latest quarterly report of Profession.hu points out.

Profession.hu