Rate of low-wage earners in Hungary close to EU average
Budapest (MTI) – Fully 17.8 percent of Hungarian employees are low-wage earners, slightly more than the 17.2 percent European Union average, a summary of data by Eurostat shows.
Eurostat puts the low-wage threshold at two-thirds of the median average hourly wage. The threshold in Hungary is 739 forints (EUR 2.36).
The percentage of low-wage earners in Hungary is under the respective ratios in the Czech Republic (18.7 percent), Poland (23.6 percent), Romania (24.4 percent) and Slovakia (19.2 percent).
Hungary’s government recently reached an agreement with employers and unions on raising the minimum wage for unskilled and skilled workers by 15 percent and 25 percent, respectively, from next year. From 2018, the minimum wage for unskilled and skilled workers is set to rise another 8 percent and 12 percent.
Source: MTI
please make a donation here
Hot news
Top Hungary news: Budapest Airport runway closed, Airbnb moratorium, overhauled Budapest parking system, explosions — 28 November, 2024
Hungary to extend M6 motorway and build new bridge in Mohács by 2028
Going home for Christmas? Budapest to increase airport shuttle bus frequency
End of an era: Hungarian Client Gate officially retires in 2025! What’s replacing it?
Huge explosions detected in southern Hungary’s Baranya County: here’s what caused them
Breaking: Budapest to overhaul parking system – Fee hikes, new zones, and public transport incentives
