Medium-Term Industrial Labor Demand Forecast for Hungary

John Earle and Almos Telegdy

No 1111, Budapest Working Papers on the Labour Market from Institute of Economics, Centre for Economic and Regional Studies

Abstract: This study forecasts the Hungarian labor demand for 10 broad economic sectors for 2015. Using aggregate data for the period of 1992-2010 and a structural macroeconomic model, we find that the relative importance of agriculture and industry is likely to fall in total employment while the share of construction, trade and financial intermediation will increase.

Keywords: labor demand; forecasting; Hungary (search for similar items in EconPapers)
JEL-codes: C53 J21 J23 (search for similar items in EconPapers)
Date: 2011-08
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