Kopint-Tárki Institute for Economic Research Co.
1112 Budapest, Budaőrsi út 45.,
tel.: +36 1 309-2695, fax: +36 1 309 2647,
e-mail: info@kopint-tarki.hu
The study, prepared for the National Association of Entrepreneurs and Employers (VOSZ), analyses the employment situation in Hungary, based on corporate surveys and the data of the Labour Center from the beginning of 2017. The study deals with vacancies, tax wedges, assesses the public work system and the current state of education and vocational training in Hungary.
The study was prepared for the Secretariat of the Fiscal Council of the Hungarian National Assembly by the Kopint-Tárki team to review the impact of global economic processes on the Hungarian economy. The paper is available in Hungarian.
Forecasts
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| GDP | -5.0% | 4.0% | 5.0% |
| Gross Fixed Capital Formation | -7.3% | 6.0% | 10.0% |
| Industrial Production | -6.1% | 4.5% | 5.0% |
| Gross Salaries | 9.7% | 5.5% | 6.0% |
| Unemployment* | 4.1% | 3.9% | 3.6% |
| Current+Capital Account** | 0.0% | 0.5% | 0.5% |
| General Government** | -8.1% | -7.0% | -4.0% |
| Consumer Price Index* | 3.3% | 3.3% | 3.3% |
| MNB Base Rate*** | 0.6% | 0.6% | 1.0% |
| 10-Year Yield*** | 2.08% | 2.3% | 2.4% |
*annual average **in % of GDP ***at year-end
Fact Forecast
A new IMF study showed that both workers and the receiving countries are beneficiaries of emigration while sending countries are experiencing negative impacts.
© 2007. Kopint-Tárki Institute for Economic Research Co. - All Rights Reserved
1112 Budapest, Budaőrsi út 45., telefonszám: +36 1 309-2695, faxszám: +36 1 309 2647
e-mail: info@kopint-tarki.hu