EUROPE RENAISSANCE: book sales royalties are independent of our donations dependent information platform. We are 100% dependent upon donations without which we would close. Contact firstname.lastname@example.org to discover how you can help us to spread the truth.
Due to the Hungarian government’s successfully handling of the economic effects of the coronavirus pandemic, the number of those employed in Hungary has reached 4.7 million. Of these fortunate paying low taxes and supporting their families 4.5 million are in the primary labour market, while the number of registered job seekers fell to an extremely low level of 260,000, State Secretary for Employment Sándor Bodó said on Thursday.
Bodó added that in the economic crisis caused by the emergency in Europe, there were two paths, one being that every worker received a certain amount on some kind of normative basis and this was not subject to any conditions.
He emphasised that Hungary had acted successfully, although it had not chosen this path, as the government had focused on providing employment, so all support was tied to the protection of jobs and the creation of jobs.
The latest employment data has arrived: in June 2021, more people were working than ever before. We are working to keep it that way for a long time and to have a job for everyone who wants and can work,’ State Secretary for Economic Strategy László György wrote in a social media post. The figures he shared show that the unemployed were largely absorbed by the primary labour market, i.e., new employment did not come from public work schemes.
According to the Bodó, in addition to the high number of employees, the constantly rising wages give stability to the economy. He added that according to the latest quarterly data, the average gross wage in Hungary was €1,231 pm. He also noted that since 2010, the minimum wage and the guaranteed minimum wage (the former relates to unskilled, while the latter to skilled labour), have more than doubled, and these have pushed other wages up as well.
The number of registered job seekers has reached a record low of 260,000, and the unemployment rate was 4 percent, compared with 12 percent when the current conservative government took over in 2010.
‘We are predictable, we are after a series of labour market measures to deal with the crisis, I think we did well,’ Bodó said, adding that now the country is experiencing ‘a period of job creation’.
The OECD also acknowledges the improvement of the Hungarian labour market. According to the OECD, the Hungarian economy is among the fastest to recover from the shock caused by the coronavirus epidemic and by the end of 2022 the Hungarian unemployment rate will be the third-lowest among the member states, while according to the Makronóm Institute, it will be the second.
Title image: An Audi RS3 limousine rolls off the production line in Győr, Northwestern Hungary. (photo: Gábor Csordás)
Think your friends would be interested? Share or reblog this story!
MICHAEL WALSH is a journalist, broadcaster and the author of RISE OF THE SUN WHEEL, EUROPE ARISE, TROTSKY’S WHITE NEGROES, MEGACAUST, DEATH OF A CITY, WITNESS TO HISTORY, THE BUSINESS BOOSTER , THE FIFTH COLUMN VOLUME I and II, FOR THOSE WHO CANNOT SPEAK, IMMORTAL BELOVED, THE ALL LIES INVASION, INSPIRE A NATION Volume I, INSPIRE A NATION Volume II , SLAUGHTER OF A DYNASTY , REICH AND WRONG, THE RED BRIGANDS, RANSACKING THE REICH , SCULPTURES OF THE THIRD RIECH: ARNO BREKER AND REICH SCULPTORS , SCULPTURES OF THE THIRD RIECH: JOSEF THORAK AND REICH SCULPTORS , SCULPTURES OF THE THIRD REICH VOLUME III Porcelain and Reich Sculptors, The Exiled Duke Romanov Who Turned Desert Into Paradise , THE DOVETAILS , SEX FEST AT TIFFANY’S, THE AMOROUS GHOST AND ENCOUNTERS and other book titles. These illustrated best-selling books are essential for the libraries of informed readers.
MICHAEL WALSH NOVELS
The revenge of a predator is a city-vigilante epic better than Death Wish A LEOPARD IN LIVERPOOL , 55 lavishly illustrated first-hand stories by a Liverpool sailor THE LEAVING OF LIVERPOOL, Latest Killer-Thriller From Michael Walsh the City Vigilante Supremo The Stigma Enigma , A powerful thought-provoking paranormal romance The Soul Meets, How to form a naughty ménage a trois THE DOVETAILS and SEX FEST AT TIFFANY’S.
THE AMOROUS GHOST AND ENCOUNTERS Michael Walsh. A novel but not a work of fiction. Drawing on his real-life and location experiences this romantic-supernatural biography will ravish the reader. A page-turning terrifying white knuckle ride because these are his real-life apparitional experiences. AMAZON/KINDLE
Latest Michael Walsh bestsellers: Those who fall victim to the taxman, banks and moneylenders are victims of legalised mugging DEBTOR’S REVENGE, The Business Booster shows you how to double your profits not your workload THE BUSINESS BOOSTER
MICHAEL WALSH is a journalist, author, and broadcaster. His 70 books include best-selling RHODESIA’S DEATH EUROPE’S FUNERAL, AFRICA’S KILLING FIELDS, THE LAST GLADIATORS, A Leopard in Liverpool, RISE OF THE SUN WHEEL, EUROPE ARISE, FOR THOSE WHO CANNOT SPEAK, THE ALL LIES INVASION, INSPIRE A NATION Volume I, INSPIRE A NATION Volume II, and many other book titles. These illustrated best-selling books are essential for the libraries of informed readers.
We are in debt to our donors who finance the distribution of spin-free real news and fearlessly expressed views.
BUY FROM AUTHOR
MEGACAUST Michael Walsh. R. J. Rummel, Power Kills: Genocide and Mass Murder (Journal of Peace Research) 164 million people have been killed in cold blood this century by Capitalist / Communist governments.
SLAUGHTER OF A DYNASTY Michael Walsh. Covertly sponsored by Wall Street banks and the White House Bolsheviks seized Tsarist Russia (regime change). For 36 years news of Bolshevik atrocities and 70 million martyred Christians were censored by Western media. Lavishly illustrated, this expose reveals secrets removed from Western history books.
When ordering the book contact Michael Walsh by email email@example.com to receive your signed copy.
KEEP REAL NEWS OPEN: Donate by using Western Union, MoneyGram, Ria, registered mail or contact Michael Walsh: firstname.lastname@example.org or email@example.com 2) Follow our blog. 3) Share our stories and 4) buy our author-signed books. 5) Receive free newsletters by writing subscribe to firstname.lastname@example.org
BOOKS THAT CHALLENGE, INSPIRE, INFORM Michael Walsh, ‘Writer of the Year’ with a strong global following. Nearly 70 interesting Amazon book titles famed for changing and improving lives. CLICK TO VIEW
New stories every day!
Categories: Current Events