• Hungary Jobless Rate Reaches 3.8%

    Hungary Jobless Rate Reaches 3.8%

    • 31 Jan 2018 8:10 AM

    Hungary’s rolling average threemonth jobless rate reached 3.8% in October-December, unchanged from the previous three-month period, the Central Statistical Office (KSH) said. The October-December rate fell from 4.4% in the same period a year earlier.

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  • Labour Shortage Drives Up Wages

    Labour Shortage Drives Up Wages

    • 30 Jan 2018 9:00 AM

    The average gross hourly wage of blue-collar workers was up 15% year-on-year in the fourth quarter to Ft 892, but for skilled workers, the annual rise was 21%, according to an analysis by recruitment agency Trendwalker.

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  • German Business Chamber Marks 25 Years In Hungary

    German Business Chamber Marks 25 Years In Hungary

    • 29 Jan 2018 9:00 AM

    The German-Hungarian Chamber of Industry and Commerce (DUIHK) launched its 25th year at an event on Thursday. DUIHK chairman Dale A Martin said the chamber would focus on ties between Germany and the region in its jubilee year.

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  • Hungary Has One Of Europe’s Fastest Growing Agriculture Sectors

    Hungary Has One Of Europe’s Fastest Growing Agriculture Sectors

    • 25 Jan 2018 9:00 AM

    ‘Hungarian agriculture is one of the fastest growing agrarian sectors in Europe, and in the last 8 years it has grown by over fifty percent and created more than 70,000 jobs”, Minister of Agriculture Sándor Fazekas said at the launch of a publication by the Alliance for Hungarian Agriculture.

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  • Employment Among Older Working Generation Below EU Average

    Employment Among Older Working Generation Below EU Average

    • 18 Jan 2018 8:00 AM

    The rate of employment among Hungarians in the 55–64 age group lags behind the EU average, according to a publication by the Central Statistical Office (KSH) entitled “Silver Age – The Older Generation in Hungary, 2016,” cited in a report by economic news website vg.hu.

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