1,161 result(s) for wage
Hungary Jobless Rate Falls To 4%
- 1 Dec 2017 7:57 AM
- business
Hungary’s rolling average three-month jobless rate dropped to 4 percent in the August-October period from 4.1 percent in the previous three month period, the Central Statistical Office (KSH) said on Wednesday. The August-October rate was down from 4.7 percent in the same period a year earlier.
Top Court Annuls Rule Requiring Public Workers To Keep Areas Around Homes Tidy
- 1 Dec 2017 7:00 AM
- current affairs
The Constitutional Court on Thursday annulled regulations that require people participating in government fostered job schemes to keep the areas around their homes tidy. The court said the rule was discriminative and reached into a person’s private affairs to an unreasonable extent.
Govt Sees Necessity For ‘Significant’ Pay Rise In Education, Health
- 24 Nov 2017 9:06 AM
- current affairs
Hungary’s education and health care would need a “significant” pay hike in the 2018-2022 period, government office chief János Lázár told an event organised by national employer federation MGYOSZ. Lázár said that unless salaries are raised, Hungary will be unable to close the gap with western Europe.
Number Of Restaurants Dwindling, Remaining Doing Well
- 23 Nov 2017 10:43 AM
- food & drink
Many entrepreneurs are attracted to the idea of opening a restaurant in Budapest, but many soon end up closing their doors, according to company data service Opten. Whereas the number of establishments has continually fallen in the past three years, remaining businesses are doing well, however.
EU Report: Hungarian Students Performing Worse Despite Increased Funding
- 20 Nov 2017 2:00 AM
- community & culture
Despite increased state funding of the education system, the performance of Hungarian students is getting worse, reports abcug.hu.
Labor Shortage Makes Winter Tire Changes Dearer
- 14 Nov 2017 7:53 AM
- getting around
Shifting to winter tires may become more expensive this year, according to a report in business daily Világgazdaság. Employers need to raise wages to retain skilled workers, with a knock-on effect leading to higher service fees.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Retail Sales Climb 5.4 Pc In September
- 7 Nov 2017 12:00 AM
- shopping
Retail sales in Hungary rose by an annual 5.4 percent in September, the Central Statistical Office (KSH) said in a first reading of data released on Tuesday. Sales growth accelerated from 4.2 percent in July and 4.7 percent in August. The September increase was 6.0 percent when adjusted for calendar-year effects.
Local Opinion: Doubts About Hungary’s Growth Model
- 3 Nov 2017 7:56 AM
- current affairs
A conservative commentator thinks that the Hungarian economy cannot sustain growth in the long run as Hungarian firms cannot significantly increase wages to stop emigration and ease the labor shortage.
Hungary Jobless Rate Falls To 4%
- 1 Dec 2017 7:57 AM
- business
Hungary’s rolling average three-month jobless rate dropped to 4 percent in the August-October period from 4.1 percent in the previous three month period, the Central Statistical Office (KSH) said on Wednesday. The August-October rate was down from 4.7 percent in the same period a year earlier.
Top Court Annuls Rule Requiring Public Workers To Keep Areas Around Homes Tidy
- 1 Dec 2017 7:00 AM
- current affairs
The Constitutional Court on Thursday annulled regulations that require people participating in government fostered job schemes to keep the areas around their homes tidy. The court said the rule was discriminative and reached into a person’s private affairs to an unreasonable extent.
Govt Sees Necessity For ‘Significant’ Pay Rise In Education, Health
- 24 Nov 2017 9:06 AM
- current affairs
Hungary’s education and health care would need a “significant” pay hike in the 2018-2022 period, government office chief János Lázár told an event organised by national employer federation MGYOSZ. Lázár said that unless salaries are raised, Hungary will be unable to close the gap with western Europe.
Number Of Restaurants Dwindling, Remaining Doing Well
- 23 Nov 2017 10:43 AM
- food & drink
Many entrepreneurs are attracted to the idea of opening a restaurant in Budapest, but many soon end up closing their doors, according to company data service Opten. Whereas the number of establishments has continually fallen in the past three years, remaining businesses are doing well, however.
EU Report: Hungarian Students Performing Worse Despite Increased Funding
- 20 Nov 2017 2:00 AM
- community & culture
Despite increased state funding of the education system, the performance of Hungarian students is getting worse, reports abcug.hu.
Labor Shortage Makes Winter Tire Changes Dearer
- 14 Nov 2017 7:53 AM
- getting around
Shifting to winter tires may become more expensive this year, according to a report in business daily Világgazdaság. Employers need to raise wages to retain skilled workers, with a knock-on effect leading to higher service fees.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Retail Sales Climb 5.4 Pc In September
- 7 Nov 2017 12:00 AM
- shopping
Retail sales in Hungary rose by an annual 5.4 percent in September, the Central Statistical Office (KSH) said in a first reading of data released on Tuesday. Sales growth accelerated from 4.2 percent in July and 4.7 percent in August. The September increase was 6.0 percent when adjusted for calendar-year effects.
Local Opinion: Doubts About Hungary’s Growth Model
- 3 Nov 2017 7:56 AM
- current affairs
A conservative commentator thinks that the Hungarian economy cannot sustain growth in the long run as Hungarian firms cannot significantly increase wages to stop emigration and ease the labor shortage.















