According to public opinion Hungarians feel unemployment is the country’s most serious problem. In contrast, it appears that the unemployment rate (the percentage of employable adults currently out of work) has stabilized, and recently has even declined. In fact, the current unemployment rate, when compared to the rest of Europe, does not seem exceptionally high
No matter what their political stance, experts agree that Hungary’s main economic problem is not unemployment but the decline in production which has caused unemployment. But when asked the question “what will it take to increase production?”, opinions begin to diverge.
Some feel that what is needed is an American-style “New Deal”. Others feel that the role the state plays in the economy is still too great, and that only a strong private sector can lead the country out of its economic crisis. Still others feel that no matter what the state of the economy, there will always be a need for a highly trained work force. They advocate an employment policy which would allow workers to retrain themselves, or at least help them retain what is most important in the labor market: skills, knowledge and motivation.