Managing the unemployment in Hungary

Abstract

With the transition to market economy and after the economy was rebuilt on new foundations, the unfavourable accompanying symptoms – especially unemployment – also had to be addressed. The restructuring and continuous expansion of the system of institutions and instruments devoted to controlling unemployment followed the Western European model in many ways by this time, which had already amassed decades of experience; however, at the same time it was unable to break with its own traditions. The established system of labour market institutions operates in a very centralized way both with respect to its structure and its procedures, and non-state players either do not appear in the system at all or play only a very small role.