WHC: The employment of atypical workers in the market environment with a shortage of labor entails a significant opportunity

By: Trademagazin Date: 2024. 06. 14. 11:23

Hungary has an exceptionally high employment rate within the European Union, however, the labor shortage greatly complicates the situation of companies. The employment of atypical workers and third-country nationals can also ease the pressure on companies and the Hungarian economy. Among other things, this was discussed at the 2024 Business Fest business festival.

This year, among others, artificial intelligence, logistics and the question of generations were prominent topics at the country’s largest business festival, Business Fest. At the event held in Millenáris Park, more than 6,000 participants were curious about the most important HR, business and technological current affairs on 15 stages and within the framework of 20 professional sections.

The WHC Group, one of Hungary’s largest HR service providers, is the main sponsor of the event, with performances on its own stage with the participation of, among others, Olympic champion Áron Szilágyi, Catholic priest Pál Feri and Sándor Czomba, the State Secretary responsible for employment policy of the Ministry of National Economy. The state secretary presented the changes in the domestic labor market over the past 20 years with Péter Berta, the executive director of the WHC. Since joining the European Union, the competitiveness of the Hungarian market has changed in several segments. During the conversation, it was said that the unemployment rate is currently only 4.4 percent, which puts Hungary in the top of the EU member states. However, from the employer’s side, the labor shortage poses a serious challenge to companies, to which the employment of workers from third countries can be a solution, but only in the event that Hungarian labor is no longer available. Sándor Czomba, the State Secretary responsible for employment policy at the Ministry of National Economy, emphasized the Hungarian Government’s commitment to strengthening the long-term roots of companies coming to the country and bringing their R&D activities here, thereby ensuring the increase of Hungarian added value in the value chain and the creation of long-term job opportunities.

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