Year: 2014 | Month: March | Volume 3 | Issue 1
Historical Overview of the Hungarian Labour Market
Abstract:
The Central Eastern economy went into a deep crisis after 1990. It became obvious that the structure of the economy built during the socialist era was not competitive enough to join the world economy. The changes after 1989 were accompanied by business closures, and high and continuous unemployment. As a consequence,
the standard of living decreased and social differences started to grow. Public opinion had to face what previously had been unknown: unemployment. This term became for many a concept with which “one has to live together”. The objective of this study is to introduce the informedness of the adult Hungarian population as to the current situation of the Hungarian labour market, 20 years
after the appearance of unemployment. The aim of the investigation was to map whether current prospective employees have enough information to manage themselves on the labour market and whether it is necessary to make up for this lack of knowledge during their school years. The investigation, based on 300 filled in questionnaires, reveals that the knowledge of adults is satisfactory as regards the labour market and employment policy, but on some questions, their knowledge is incomplete or incorrect.
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