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President Katalin Novák with children in Budapest’s City Park at a fringe event of the 5th Budapest Demographic Summit on 16 September 2023.

2022 Census Reveals Some Positive Demographic Shifts, But an Aging Population

The data demonstrates an increase in both marriages and the proportion of those with children among people under 30, while at the same time shows an overall aging trend in Hungarian society….

Hungary Strengthens Its Economy with Defence Industry Investments

‘Big companies are coming to Hungary with R&D budgets that are significant in themselves. Rheinmetall, for one, is the twenty-fourth largest company in the world’, Hungarian Ministerial Commissioner Imre Porkoláb underlined in a recent interview….

Wages in Hungary Increased Significantly Compared to Last Year, Real Wages Decreased Due to Inflation

The gross average earnings were 16.0 per cent higher, and the net average earnings were 15.9 per cent higher compared to the same period last year, as reported by the Central Statistical Office (KSH) on Thursday….
Worker hands in protective gloves grinding with electric wheel on metal.

Government Remains Committed to Protecting Jobs

Based on the latest data, nearly 4.8 million people are employed in Hungary, and the unemployment rate stands at 3.8 per cent, well below the EU average. The data reflects that the Hungarian labour market remains tight, and employment is…
Neon open sign, illustration.

Number of Unemployed Remains Record Low, Entrepreneurship Programme Launched

Since 2010, the government has been working towards achieving full employment and building a labour-based economy. Compared to 2010, one million more people are now employed in Hungary, and the number of those employed is steadily approaching 4.8 million….

Survey Shows Hungarians Feel Their Jobs Are Safer Now than Last Year

The CEO of BNP Paribas Cardif, Márk István Kiss, noted in the press release presenting the results of the survey that the rising prices and the challenging economic situation have not significantly impacted labour market processes, and the mood of…

Government Aims to Lead Europe in Employment Rates from 2030

Sándor Czomba stated that since 2010, the number of employed people has increased from 3.7 million to 4.7 million, thus achieving one of the government’s commitments to create one million new jobs in ten years….

Mihály Varga: The 2024 Budget is a Defence Budget

The 2024 budget is a defence budget because during times of war, Hungary needs a budget that guarantees its security, protects families, pensions, jobs, and reduces utility costs, the Hungarian finance minister stated in parliament on Tuesday….

Hungarian Employment Rate Exceeds EU Average

The Hungarian employment rate of 74.6 per cent exceeds the EU average. In addition, Hungary also has one of the lowest unemployment rates in the EU, 3.9 per cent, according to official April figures….

Hungarian Prison Service Launches Recruitment Campaign Nationwide

The national recruitment campaign showcases the career model offered by the prison service at job fairs, educational exhibitions, village and city days, sports and cultural events to interested individuals. According to data released by the National Prison Service Headquarters in…

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