LABOUR MARKET YEARBOOKS

The original goal of our labour market yearbooks is to review annually the main developments in the Hungarian labour market and to give an in-depth analysis on selected issues. Experiences accumulated through the publication of the previous volumes (seven in Hungarian and five in English) and their reception in Hungary and abroad confirmed our original idea and gave us the stimulation to enhance both the contents and the quality of the new volumes. This volume consists of four parts: 1. Labour market trends in Hungary: In this chapter we present the main labour market trends in 2006. 2. In Focus: This year we put "in focus" wage formation on the Hungarian labour market. 3. Legal and Institutional Environment of the Hungarian Labour Market: This year's study is a summary overview of the current legislation and rules, having unemployment benefits and active labour market policies in its focus. 4. Statistical data: The closing chapter presents a statistical data set, and gives comprehensive information on the main economic developments, such as demographic trends, employment, unemployment and inactivity, wages, education, labour demand and supply, regional differences, migration, commuting, and labour relations, together with some international comparisons and methodological remarks.

The original goal of our labour market yearbooks is to review annually the main developments in the Hungarian labour market and to give an in-depth analysis on selected key issues. The subsequent chapters of this volume present "stylised facts" and recent research results, together with selected information and statistical data. Experiences accumulated through the publication of the previous volumes (six in Hungarian and four in English) and their reception in Hungary and abroad validated our original idea and gave us the encouragement and stimulation to enhance both the contents and the quality of the new volumes. Similar to previous volumes the opening chapter gives an overview of recent labour market developments. The In Focus section gives a comprehensive analysis on the industrial relations in Hungary. The third chapter addresses the changes in the legal and institutional environment of the labour market in two parts. The first part presents the measures that were taken in 2004 - after the publication of the previous volume of the Labour Market Review - and which entered into force in 2005. The second part describes the new legislation and amendments that took place in 2005.

The goal of our labour market yearbooks is to review annually the main developments on the Hungarian labour market and to give an in-depth analysis of the key issues. The opening chapter gives an overview of recent labour market developments and employment policies. This year we put in focus the connection between education and the labour market. The first section of this chapter investigates the labour market successof people with varied educational attainment and also deals with the question of how large the stock is of accumulated human capital of Hungary by international comparison. The second section describes the magnitude of educational expansion and its consequences. The third section investigates the role of labour market expectations in the educational decisions of individuals. The last section investigates the connection between educational attainment and migration. The third chapter of the book provides an analysis of the causes and consequences of the legal and institutional changes that took place in employment policy last year. The closing chapter presents a statistical data set, and gives comprehensive information on the main economic developments, such as demographic trends, labour force participation, employment, unemployment and inactivity, wages, education, labour demand and supply, regional differences, migration, commuting, and labour relations, together with some international comparisons and methodological remarks.

The goal of the volume is to review the main developments on the Hungarian labour market and to give an in-depth analysis of key issues. The chapters present 'stylised facts' and recent research results, together with selected information and statistical data. Our further intention is to guide readers in finding other relevant publications and reliable statistical sources. This year we put 'in focus' regional differences and inequalities. The related chapters try to find the causes of and the cures for spatial inequalities, first by identifying factors behind regional disparities on the labour market, second by investigating the ways and means of alleviating these inequalities with the reallocation of labour and capital. We elaborate on the spatial allocation and movement of firms, and also on the factors determining both. Considering spatial movement of labour we analyse migration, decisions to move or to commute, its costs and motives. The chapter opening the volume gives an overview of recent labour market developments and employment policies. The closing chapter presents a statistical data set, and gives comprehensive information on the main economic developments, such as demographic trends, labour force participation, employment, unemployment and inactivity, wages, education, labour demand and supply, regional differences, migration, commuting, labour relations, along with some international comparison and methodological remarks. Data on wage and income differentials are also presented, together with labour market developments at lower levels of government and in smaller regions. In assembling this chapter we added a separate subsection with abundant data based on the last (2001) and previous general census.

The goal of the volume is to review the main developments in the Hungarian labour market and to give an in-depth analysis of key issues. The chapters present "stylised facts" and recent research results. Our further intention is to guide readers in finding other relevant publications and reliable statistical sources. The contributions related to the selected themes: wages and incomes support to the jobless give analyses on institutions, rules and market forces that shape wages or unemployment benefits and look at resulting costs and revenue changes that have occurred over a decade of transition. The closing chapter presents selected statistical data on the main economic and demographic trends, labour market participation, employment and unemployment, inactivity, wages, education, labour demand and supply, spatial disparities, migration, commuting, labour relations, together with some international comparisons.