Robots Could Take 730,000 Jobs In Hungary

  • 10 Dec 2019 7:53 AM
  • Budapest Business Journal
Robots Could Take 730,000 Jobs In Hungary
An analysis by the Economic and Business Research Institute (GVI) of the Hungarian Chamber of Commerce and Industry has noted that a significant number of Hungarian workers are employed in areas where most of the tasks could be performed by machines.

"The pace of automation in Central and Eastern Europe is estimated to be above the European average in the near future, so labor market effects are expected to be felt in our region as well, " says GVI.

In the analysis, programmable tasks were considered to be automated tasks. The research points out that automation does not lead to the disappearance of the professions concerned, since in most jobs only part of the tasks can be automated.

Based on employment data from NAV (the National Tax and Customs Administration of Hungary), it was also determined how many Hungarians work in automatable professions.

"According to 2018 data, out of 3,743,689 employees, 164,496 are employed in automated professions, and another 567,313 are employed in professions where most of their sub-tasks are automated," the GVI study found.

  • How does this content make you feel?

XpatLoop Media Partner

Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

Explore More Reports

  • Wild Code School To Open Budapest Campus

    Wild Code School To Open Budapest Campus

    • 14 Nov 2019 8:15 AM

    International programming school Wild Code School announced opening a campus in Budapest, offering five-month web developer courses in English from January 2020, the company tells the Budapest Business Journal.

  • Budapest Based TechEmbassy Brings IT Talents, Employers Together

    Budapest Based TechEmbassy Brings IT Talents, Employers Together

    • 13 May 2019 7:56 AM

    An enthusiastic group of young IT professionals based in Budapest called TechEmbassy has created a vision to establish opportunities for young IT talent to help them gain a competitive edge, learning and improving throughout their career paths.

  • Techloops Aims To Connect IT Experts With Hiring Companies In Hungary

    Techloops Aims To Connect IT Experts With Hiring Companies In Hungary

    • 22 Oct 2018 7:27 AM

    Techloop, an online platform connecting IT experts with hiring companies, aims at easing the shortage of professionals in Hungary by offering a bonus of EUR 500 for applicants finding a job through the platform, and making access to the database of job seekers free for companies, according to a press release.