Crisis of Hungarian labor market

There is a severe lack of novice skilled labor, as it was revealed by the report of Profession.hu. The multiple years of experience is not necessarily a criterion anymore.  More than 34,700 new job advertisements were submitted during the last three months. This data exceeds last year’s second quarter by 11 percent.

According to Forbes.hu, there have never been so many advertisements on Profession.hu’s website: in the recent three months, an average of 4000 employers advertised themselves per month. 24,000 users the 45,000 new subscribers have already uploaded their CV. The numbers grew by approximately 20 percent in both aspects compared to last year. The increase might be related to the growing lack of skilled labor and the seasonal need for employees in the catering industry. The number of applications per advertisements is still high in Hungary compared to the international rates.

Skilled labor is needed the most

According to Profession.hu’s data, most of the advertisements seek for skilled labor (21%), manual and unskilled jobs (13%), and jobs related to sales and market (8%). Companies require 61% more unskilled workers than in last year, mostly thanks to the increasing building industry and the labor force moving abroad. Shop assistants, manual and unskilled labor, and programmers are needed the most.

Requirements are decreasing

It is also the result of the vacancy of applicants that requirements are getting lower. Primary or secondary education is sufficient to apply for 65.5 percent of the advertised jobs. Experience is not a requirement in more than 7 cases out of 10. 1-3 years spent on a similar field is satisfying enough in most cases. 67.3 percent of online jobseekers have secondary education and 8.23 percent have primary education. Most of them have less than three years of experience.

The sales and office jobs are the most popular

Most applications are submitted for sales and marketing jobs; the most popular positions are the representative positions. The second most applications were sent for administration jobs, followed by unskilled jobs like shop assistants and accountants, or manual labor. The rate of white-collar and blue-collar jobs seems to be quite unbalanced in both needs and supplies.

The regions with the most job offers are Budapest (55%) and Pest County in total (14.7%). The most needed employees in the capital are the shop assistants, the unskilled workers and the IT developers.

Ce: bm

Source: Forbes.hu