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Employment set to exceed 4m in 2014, says labour state secy
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Budapest, December 30 (MTI) – Hungary’s employment level grew in 2013 and is set to exceed 4 million in 2014, Sandor Czomba, the state secretary in charge of labour, said in a year-end interview.
Hungary’s jobless rate fell below 10 percent in a recent count and the number of employed was 235,000 higher than in 2010, at the time the current government came into power. The rise included 80,000 people enrolled in public works schemes, 50,000 who held jobs abroad for less than a year and 100,000 in the private sector, Czomba told MTI.
He said the number of Hungarians working abroad, though impossible to predict precisely, has risen, but most of them return home within 12 months. Part of the reason for Hungarians seeking jobs abroad is the opening of the German and Austrian labour markets in May 2011, he said.
Czomba said jobs must be created to lure Hungarians back home as well as government measures, such as policy to spend 60 percent of EU funding in 2014-2020 on economic development.