Third of young Hungarians would try their luck abroad, survey reveals

According to the survey, 34% of young workers plan to move to another country. Such a high proportion has only been seen in 2013 and early 2017 in the survey’s nearly 10-year history. [Shutterstock/06photo]

The number of Hungarians that would consider moving abroad has reached a high, K&H Bank found in a representative survey commissioned for the first quarter of its 2022 youth index, Telex reported via MTI.

“The proportion of people looking abroad for work has reached a peak”, the report stated.

According to the survey, 34% of young workers plan to move to another country. Such a high proportion has only been seen in 2013 and early 2017 in the survey’s nearly 10-year history.

Twenty-seven per cent of those surveyed thought it would not be possible to try their luck elsewhere, but 36% of workers aged 20-29 believe they would find a new job quickly and easily. This is the highest figure since early 2020, the analysts said. In contrast, 11% are pessimistic about finding new employment.

K&H also found that the unemployment rate for young people has fallen simultaneously with the average unemployment rate.

At the same time, labour shortages have emerged in some sectors, such as retail trade, with businesses short of staff and complaining of not finding suitable candidates for advertised positions, the analysis found.

The survey has measured the satisfaction and career expectations of young people aged 19-29 living in cities every quarter since 2012.

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