Hungarian Companies Short Of 340,000 Employees

  • 22 Dec 2016 8:00 AM
Hungarian Companies Short Of 340,000 Employees
Hungarian companies across the board are facing a labour shortage and companies are looking for 340,000 employees, economic research institute GKI said on Wednesday, based on its research and estimates.

Companies employing 5-20 workers are looking to hire around 150,000 workers, while bigger companies have a shortage of 133,000 workers. Micro firms with 1-5 employees seek to hire 57,000 employees.

A sectoral breakdown shows that the labour shortage is most acute in light industry where additional hires could reach 32% of the present average workforce. Business services could hire 23% of their current workforce, and the manufacturing sector 16%.

Republished with permission of Hungary Matters, MTI’s daily newsletter.

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