Hungarian minister highlights challenge of skilled labour shortage in Brussels

National Economy Minister Márton Nagy said the shortage of skilled labour is the “most important challenge” facing the European labour market ahead of a meeting of the Employment, Social Policy, Health and Consumer Affairs Council in Brussels on Monday.

Nagy noted that 77% of European companies had said that the shortage of skilled labour was the “most challenging” factor for their operations, while 60% had said that it was a “barrier to investment.”

He said the ministers would also discuss the employment and social policy priorities for the 2025 European semester and the traineeship directive. Although a qualified majority does not yet support the traineeship directive, he added, the sides are moving closer.

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