tag:blogger.com,1999:blog-36596111.post5043836476891258290..comments2009-09-21T11:07:15.010+02:00Comments on Hungary Economy Watch: Hungary Unemployment October 2007Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-36596111.post-70267614070095043972007-12-02T16:17:00.000+01:002007-12-02T16:17:00.000+01:00As noted in the previous post, the relatively good...As noted in the previous post, the relatively good employment statistics has more of an institutional than a macroeconomic cause. For the first time formerly 'free' public health goods are connected to being insured and payed by the employer or being recognized unemployed or inactive. The possibility of loosing access to public health services has brought many people to the legal labor market, especially in construction and tourism. This is a very good news from a public finance point of view, but in terms of macroeconomics this in not new employment, these people have worked close to the somewhat high minimum wage illegaly.Antal Dánielhttps://www.blogger.com/profile/13982036207587080662noreply@blogger.com