NGM: the government supports increasing labor market activity with more than HUF 460 billion
By 2030, more than HUF 460 billion in EU funds can help increase labor market activity, mobilize labor reserves, train those at work and improve working conditions, the Ministry of National Economy (NGM) announced in its statement on Wednesday.
The employment policy results are clear: the work-based society has consolidated, there are 1 million more people working compared to 2010, and the employed rate is 74.7 percent, thus exceeding the EU average. The government’s goal is to restore economic growth and achieve GDP growth of around 4 percent in 2024. To this end, labor market activity and the proportion of employed people must be further increased. The government’s goal is to increase the activity rate of the 15-64 age group from 78 percent to 85 percent, the NGM reminded.
Related news
New regulations on occupational health inspections: what does this mean for the hotel industry?
As of September 28, 2024, significant changes have been introduced…
Read more >HungaroControl: Traffic increases by 6 percent during the holidays
According to the preliminary estimate of the Hungarian air navigation…
Read more >NGM: the enforcement of consumer rights is also being examined in Christmas markets
Government agencies also inspect the enforcement of consumer rights at…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >