Wage differential between the public and private sector in Hungary between 2002 and 2008 : the long term effect of wage increase
TL;DRAbstract
From the perspective of labour demand, it is an important question as to how many and what types of jobs are created and destroyed.Although not all new vacancies are reported to the National Employment Service, their records still provide valuable information on the economy (Figure 10).In 2008 60 per cent of registered job vacancies were non-subsidised; in 2013 this fell to 20 per cent.The steady increase of subsidised vacancies within all registered job vacancies started with the introduction of the new public works policy.Nevertheless, the number of reported job vacancies increased on average by 14 per cent compared to 2012 suggesting that economic growth was picking up.
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From the perspective of labour demand, it is an important question as to how many and what types of jobs are created and destroyed.Although not all new vacancies are reported to the National Employment Service, their records still provide valuable information on the economy (Figure 10).In 2008 60 per cent of registered job vacancies were non-subsidised; in 2013 this fell to 20 per cent.The steady increase of subsidised vacancies within all registered job vacancies started with the introduction of the new public works policy.Nevertheless, the number of reported job vacancies increased on average by 14 per cent compared to 2012 suggesting that economic growth was picking up.
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