Hungary - Serious labour shortage industrial sector - May 31, 2018

 Union and business leaders warn that multinationals might be taking their business elsewhere due to lack of sufficient labour force reports a daily newspaper. The deputy head of metalworkers’ trade union Vasas told the paper that one multinational recently laid off more than 500 workers because it could not find sufficient labour. The union official estimated that 2,000-3,000 jobs have been lost as companies take capacity elsewhere, while shelved investments have prevented job creation. He urged immediate government intervention and negotiations with interested parties to find rapid solutions to prevent more firms from shifting production away from the country.

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