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HomeEconomyHungarian labour market lacks about 100,000 workers!

Hungarian labour market lacks about 100,000 workers!

Thanks to a government decree, since July last year, workers from already eleven non-EU countries can come to work in Hungary on simplified terms. The relevant provision expectedly will be maintained after the end of the pandemic emergency, since in order to keep Hungarian jobs, maintain the investment rate and the operation of production companies, workers arriving from third countries within a regulated framework are required – as it was said at the professional event about the shortage of skilled labour and the employment of foreign workers, organised jointly by WHC Group and the German-Hungarian Chamber of Industry and Commerce (DUIHK).

Employment in Hungary is close to 4.7 million people, which amounts to almost a 74% rate. In parallel, unemployment rate has fallen to a record low of 3.5%. One of the most crucial problems of the Hungarian economy has been the lack of skilled labour force for years. There was some reorganisation in…

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