LABOUR MARKET AND EMPLOYMENT
Employees find jobs primarily in the tourism industry and related businesses. In the summer high season, the economic activity and the employment rate of the population in the Lake Balaton Region is higher than the annual average.
In the last decade, the employment rate of the potential employee age group has dropped significantly. Simultaneously, the number of unemployed people has increased. In the beginning of 2013, the unemployment rate in the Lake Balaton Region was 10%.
Seasonal employment (from spring to autumn) is dominant in tourism and related businesses, as well as in construction and agriculture. As a result, the unemployment rate decreases by about 2-2.5% (acc. by 3,000 people) in the tourist season, but increases again after that.
In the high season, labour demand can be met only by recruiting Hungarian and foreign employees from outside of the Lake Balaton Region. Salaries are somewhat lower than the national average.
As a result of the situation described above, the effects of seasonal employment can be observed primarily in lake-side communities. Unemployment is a more serious problem for people living in background communities (settlements further from the lake) as they can less and less feel the benefits offered by seasonal employment. The unemployment rate is multiple times higher in these communities than in those situated right on the lake shore.
In line with national trends, many employees are looking for jobs in the off seasons (autumn and spring time) in Western Europe, particularly in Austria and Germany. In addition, it is getting more common that younger generation is working abroad for shorter or longer period of time.