Jon Purizhansky | Buffalo News, New York

  Understanding the Current Labor Market in Hungary Hungary’s unemployment rate was reported at 3.6% in 2023 , among the lowest in the European Union. This low unemployment environment signals a tight labor market where companies actively seek new hires to fill gaps, particularly in sectors that require specialized skills. Data from Hungary’s national employment agency indicates persistent demand in areas such as information technology, engineering, healthcare, logistics, manufacturing, and construction. According to Eurostat, foreign workers account for approximately 5% of Hungary’s workforce , and this share is projected to rise as the country’s industries expand and domestic labor supply struggles to keep up. Jon Purizhansky, CEO of Joblio, a platform dedicated to ethical global recruitment, explains: “Hungary’s growing reliance on international labor is becoming a structural feature of the economy. As local talent pools shrink or shift, international workers bring essentia...

The migrant labor market continues to contribute to the economic growth in both developing and developed regions. Jon Purizhansky , the founder of Joblio.co , points out that the important role played by migrant laborers in the international economy, many companies, governments, and international organizations lack information about the industries that these workers contribute to. Additionally, the origin points of many migrant laborers and the unique issues they face in the workplace are seldom understood by the businesses and ecosystems, which benefit from their presence. This international labor market analysis explores the origins and destinations of migrant laborers in the contemporary marketplace. It also illustrates which economic sectors are dependent upon migrant labor for continued growth, and discusses why policy makers and business leaders must dedicate additional attention and resources toward migrant labor communities. Migrant Labor Continues To Rise ...