Government: EUR 650m to help young people find jobs in 2014-2020

Budapest, February 7 (MTI) – Hungary will spend a third of the amount available for employment-boosting measures, or 200 billion forints (EUR 650m), on helping young people aged between 15 and 24 find jobs in the 2014-2020 European Union budget period, the state secretary for employment policy said today.

Sandor Czomba said the government would help some 150,000 young people find a job. The European Union’s Youth Guarantee programme focuses on helping youngsters in underdeveloped regions, he added.

Hungary will receive 15 billion forints during the seven-year period from the EU for the purpose, and this will be complemented by own resources, Czomba said.

Unemployed Hungarian young people (age:20-24) in percent (2008-2012)

The Hungarian government introduced the First Job Guarantee scheme in 2012 to help career starters, as a result of which more than 16,000 people have found jobs in the past nearly two years, he added.

Photo: MTI

Source: http://hungarymatters.hu/