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LMP demands 10 pc wage hike for public sector employees to compensate for inflationLMP demands 10 pc wage hike for public sector employees to compensate for inflationLMP demands 10 pc wage hike for public sector employees to compensate for inflationLMP demands 10 pc wage hike for public sector employees to compensate for inflation
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Daily News Daily News · 17/05/2022
· Business

LMP demands 10 pc wage hike for public sector employees to compensate for inflation

economy education healthcare system Hungarian economy Hungary labour market labour shortage LMP

Opposition LMP has called on the government to increase without delay the wages of public sector employees to compensate for inflation.

LMP co-leader Máté Kanász-Nagy told a press conference on Tuesday that a wage increase scheme was needed to close the gap between wages in the public sector and the private sector.

He said that

public sector wages lagged behind considerably, citing social workers and career-starting teachers taking home around 170,000 forints (EUR 460) per month as against 310,000 forints by toolmakers and 270,000 by electricians.

He added that

the value of public sector wages dropped by around 4 percent as a result of inflation this year and the drop is 10 percent based on the increase in food prices.

Inflation boosts government revenues, giving the cabinet enough room for manoeuvre, he said.

As we wrote last week, the green LMP party wants the rapid implementation of strong measures to reduce car traffic in Budapest, and advocates the introduction of a congestion charge as well as a car-free embankment on the Pest side of the city, read more HERE.

Source: MTI

economy education healthcare system Hungarian economy Hungary labour market labour shortage LMP
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