40 result(s) for skilled workers in Business
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
Rate Of Low-Wage Earners In Hungary Close To EU Average
- 11 Dec 2016 6:00 AM
- business
Fully 17.8 percent of Hungarian employees are low-wage earners, slightly more than the 17.2 percent European Union average, a summary of data by Eurostat shows. Eurostat puts the low-wage threshold at two-thirds of the median average hourly wage.
Varga Urges Swift Developments In Vocational Training
- 6 Dec 2016 5:56 AM
- business
Vocational training in Hungary should be developed more effectively and at a faster pace than ever before in order to increase economic productivity, the economy minister said. Skilled workers are vital for productivity growth, which is key for expanding the labour market, Mihály Varga said at the opening event of European Vocational Skills Week in Budapest.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
More Than Half Of Hungarian Employers Have Trouble Filling Positions
- 26 Oct 2016 9:00 AM
- business
Fully 57 percent of Hungarian employers have trouble filling positions, a survey conducted by staffing company ManpowerGroup released on Tuesday shows. Altogether 32 percent of the survey’s respondents said they were struggling with a lack of applicants for the vacant positions while 31 percent complained of a shortage of skilled labour.
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Economy Minister: Hungary To Bring In Non-EU Guest Workers To Ease Shortage Of Labour
- 14 Jul 2016 9:00 AM
- business
The Hungarian government is working on solving the shortage of labour, which is becoming an increasing problem in certain sectors and professions in the country, by “importing” skilled guest workers to Hungary from countries outside the EU but this will not cause any Hungarians to lose their jobs, the Minister for National Economy has said.
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
Rate Of Low-Wage Earners In Hungary Close To EU Average
- 11 Dec 2016 6:00 AM
- business
Fully 17.8 percent of Hungarian employees are low-wage earners, slightly more than the 17.2 percent European Union average, a summary of data by Eurostat shows. Eurostat puts the low-wage threshold at two-thirds of the median average hourly wage.
Varga Urges Swift Developments In Vocational Training
- 6 Dec 2016 5:56 AM
- business
Vocational training in Hungary should be developed more effectively and at a faster pace than ever before in order to increase economic productivity, the economy minister said. Skilled workers are vital for productivity growth, which is key for expanding the labour market, Mihály Varga said at the opening event of European Vocational Skills Week in Budapest.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
More Than Half Of Hungarian Employers Have Trouble Filling Positions
- 26 Oct 2016 9:00 AM
- business
Fully 57 percent of Hungarian employers have trouble filling positions, a survey conducted by staffing company ManpowerGroup released on Tuesday shows. Altogether 32 percent of the survey’s respondents said they were struggling with a lack of applicants for the vacant positions while 31 percent complained of a shortage of skilled labour.
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Economy Minister: Hungary To Bring In Non-EU Guest Workers To Ease Shortage Of Labour
- 14 Jul 2016 9:00 AM
- business
The Hungarian government is working on solving the shortage of labour, which is becoming an increasing problem in certain sectors and professions in the country, by “importing” skilled guest workers to Hungary from countries outside the EU but this will not cause any Hungarians to lose their jobs, the Minister for National Economy has said.