Hungary’s Central Statistical Office (KSH) revealed that as of the end of the second quarter of 2023, there were about 80,000 jobs in Hungary, which is 19% fewer than during the same time last year.
In contrast, in October of the same year, the number of unemployed people increased to about 202,000. According to KSH’s most recent release of the Labour Market
Trends for Q2 2023, geographical, occupational, and educational differences are to blame for this variation.
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Prospects for International Employees
This change implies that, despite a high unemployment rate, foreign workers with highly sought-after skills in Hungary may have a better chance of obtaining a Hungarian work visa.
According to the 2022 EURES Report on shortages and surpluses, the industries in Hungary dealing with the biggest shortages are metalworking, building, sales and retail, manufacturing and production, and healthcare.
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Demanding Careers
The most in-demand professions in Hungary, according to the labor market, are as follows:
- Aircraft pilots and related associate professionals
- Beauticians and related workers
- Bricklayers and related workers
- Butchers, fishmongers, and related food preparers
- Carpenters and joiners
- Concrete placers, concrete finishers, and related workers
- Contact center salesperson
- Fast food preparers
- Floor layers and tile setters
- Glass and ceramic operators
- Hand packers
- Insulation workers
- Medical and dental prosthetic technicians
- Metal processing plant operators
- Mining and quarrying laborers
- Physiotherapy technicians and assistants
- Plumbers and pipefitters
- Pulp and papermaking plant operators
- Roofers
- Sheet metal workers
- Shop sales assistants
- Stall and market salespersons
- Street food salespersons
- Travel attendants and travel stewards
- Upholsterers and related workers
- Welders and flame cutters
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Hungary Work Visas
All other nationals must get a visa to work and live in Hungary, except citizens of the European Union and the European Economic Area.
To apply for one of the four categories of work visas, depending on the qualifications or nature of the job, prospective employees must first obtain a job offer.
Hungary’s Parliament passed laws creating a new class of migrant workers earlier this year. Workers from non-EEA nations are now able to lawfully remain in Hungary for periods longer than ninety days, as long as they fulfill certain standards.
These include having valid travel documents, proving their financial stability, obtaining a confirmed address, and adhering to security requirements.
Nevertheless, candidates had to be informed that Hungary’s authorities have declared a limit on the number of foreign laborers permitted, stressing that the purpose of the action is to bolster the domestic labor force instead of reducing the flood of job searchers.
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Hungary’s Expense of Living
According to Numbeo, a single person’s monthly living expenses in Hungary, excluding rent, come to about €646.27, or 247,191.6 Hungarian Forint (Ft).
The price of rent varies according to the location and size of the flat; a one-bedroom apartment in the city center will cost approximately €430.23 (Ft 164,559.12) per month, while an apartment outside the city center would cost €337.06 (Ft 128,921.81).
The expected monthly expenses for a family of four are €2258.85 (Ft 863,990.3). A three-bedroom apartment in the city center will cost about €730.15 (Ft 279,278.36) in rent; outside the city center, it will cost about €564.18 (Ft 215,794.91).
