A partnership agreement was signed between the Trust Public Interest Retired Co-operative and COOP

Surveys, news reports and a large number of employers’ statements testify to the fact that the Hungarian economy faces an acute labor shortage. The shortage affects both the fairly wide, qualified and less-qualified jobs, manufacturing and service sectors.

In some corporate surveys, the labor shortage has become one of the most important factors preventing production in recent years.

Demand for jobs that need vocational qualifications – or at least professional knowledge – has become a priority, but there is also a significant demand for non-qualified (simple) occupations. The government recognized that one of the solutions to a growing labor shortage could be to encourage jobseekers to work. Therefore, the Parliament has established the framework for the pensioners to work as a member of a public interest cooperative in flexible and very favorable terms.