Public work scheme budget continues to shrink

Initiatives

While 200,000 could have been employed on public work schemes four years ago, there are barely 100,000 this year, reports Népszava. 

However, this is now posing a huge problem for many local communities. The public works program for 2020 will be launched on March 1, and the government is planning to spend HUF 140 billion on it this year. That is HUF 40 bln less than in 2019.

The aim of public works employment is to bring these so-called fostered workers back to the open labor market as efficiently as possible, but according to statistics, less than 1/5 were able to find a job in the market.

According to experts, there is a layer of about 100,000 people who, through lack of skills or basic education or simple suitability will never have a chance.

Despite this, the conditions have tightened further this year, which means that the scope of those eligible for the public works program has narrowed, Népszava notes.

Hungary Signs HUF 6 bln Tied Aid Deal With Kenya Analysis

Hungary Signs HUF 6 bln Tied Aid Deal With Kenya

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.