Some 30% of Hungarian employers said they plan to increase their workforce in the next quarter, while 17% would reduce it instead, according to a labor market forecast, published by ManpowerGroup on Tuesday.
ManpowerGroup conducted its quarterly survey of more than 41,000 employers in 40 countries around the world, in which Hungary was also polled on a representative sample of 520 employers.
As in the previous quarter, the Net Employment Indicator derived from employer responses averaged at +13%, an increase of 5% in comparison to the same period in 2021.
“The stabilization in hiring intentions, maintaining a more subdued forecast seen in the second quarter, is a cause for optimism. However, the shortage of suitably skilled workers is placing an extremely heavy burden on companies. The talent shortage affects three quarters of companies, which is extremely high,” commented ManpowerGroup Hungary’s Managing Director.
On the other hand, this aforementioned data, is accompanied by large differences with IT, technology, telecommunications, communications and media being the most competitive sectors, with 42% of them planning to increase their workforce.
This adds to regional differences, as 42% of Western-Transdanubia employers reported that they want to increase their workforce, while Northern-Hungary only reported 4% in this matter.
featured image illustration via Péter Komka/MTI