ManpowerGroup Employment Outlook Survey

Q3 2018

SMART JOB NO: 11001 QUARTER 3 2018

CLIENT: MANPOWER

SUBJECT: MEOS Q318 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 1

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 The ManpowerGroup Employment Outlook Survey for the third quarter 2018 was conducted by interviewing a representative sample of 762 employers in Hungary. All survey participants were asked, “How do you anticipate total employment at your location to change in the three months to the end of September 2018 as compared to the current quarter?”

Contents Hungary Employment Outlook 2 Regional Comparisons 3 Sector Comparisons 8 Organisation-Size Comparisons 14 About the Survey 15 About ManpowerGroup® 16 Hungary Employment Outlook

2 ManpowerGroup Employment Outlook Survey

SMART JOB NO: 11001 QUARTER 3 2018

CLIENT: MANPOWER

SUBJECT: MEOS Q318 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 2

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 Hungary Employment Outlook

Net Seasonally Increase Decrease No change Don’t know Employement Adjusted Rate %%%%%% Jul-Sept 2018 24 373021 19 Apr-Jun 2018 23 273221 18 Jan-Mar 2018 15 478311 13 Oct-Dec 2017 21 572216 18 Jul-Sept 2017 24 370321 19

Hungary +19 (+21)% Net Employment Outlook Seasonally Adjusted Outlook 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Hungary joined the survey in Q3 2009. No bar indicates Net Employment Outlook of zero.

Hungarian employers report active hiring plans for the Throughout this report, we use the term “Net third quarter of 2018. With 24% of employers Employment Outlook.” This figure is derived by taking anticipating an increase in staffing levels, 3% the percentage of employers anticipating total forecasting a decrease and 73% expecting no employment to increase and subtracting from this the change, the Net Employment Outlook is +21%. percentage expecting to see a decrease in employment at their location in the next quarter. The result of this calculation is the Net Employment Once the data is adjusted to allow for seasonal Outlook. variation, the Outlook stands at +19%, matching the strongest since the survey began nine years ago, last reported in 3Q 2017. Hiring prospects remain relatively From this point forward, all data discussed in the stable when compared with the previous quarter, and commentary is seasonally adjusted, unless stated are unchanged in comparison with this time one year otherwise. ago.

Manpower Munkaerő-piaci Előrejelzés 3

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

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ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 Regional Comparisons Payrolls are forecast to grow in all eight regions during . However, Outlooks strengthen in three the July-September period. The strongest labor regions, including , with an market is anticipated in Southern Transdanubia, where increase of 9 percentage points, and Southern Great employers report a healthy Net Employment Outlook Plain, where employers report an improvement of 3 of +24%. Solid job gains are also expected in two percentage points. regions with Outlooks of +21%  and Southern Great Plain. In , employers report upbeat hiring plans with an Outlook Hiring prospects improve in four of the eight regions of +19%, while Outlooks stand at +17% in both Central when compared with the third quarter of 2017. A Hungary and . The weakest considerable increase of 11 percentage points is hiring prospects for the coming quarter are reflected in reported in Southern Transdanubia, and Outlooks are Outlooks of +16% for and Northern Great 6 and 5 percentage points stronger in Northern Plain. Hungary and Southern Great Plain, respectively. Meanwhile, hiring plans weaken in four regions, most notably by 10 percentage points in . When compared with the previous quarter, hiring The Budapest Outlook declines by 6 percentage intentions weaken in four of the eight regions, most points, while employers report a notably by 5 percentage points in Northern Great decrease of 5 percentage points. Plain, and by 4 percentage points in Central

Net Employment Outlook Seasonally Adjusted Outlook

19 Budapest 16 24 Central Hungary 17 19 Central Transdanubia 19 16 Northern Great Plain 16 20 Northern Hungary 21 24 Southern Great Plain 21 25 Southern Transdanubia 24 17 Western Transdanubia 17

4 Manpower Munkaerő-piaci Előrejelzés

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 4

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 +16 (+19)% Budapest Job seekers can expect a favorable hiring climate in 3Q 2018, according to employers who report a Net Employment Outlook of +16%. However, hiring intentions decline by 2 percentage points when compared with the previous quarter, and are 6 percentage points weaker in comparison with this time one year ago.

Net Employment Outlook Seasonally Adjusted Outlook 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

+17 (+24)% Central Hungary Positive payroll gains are forecast for the July-September time frame, with employers reporting a Net Employment Outlook of +17%. However, hiring prospects decline by 2 and 10 percentage points quarter-over-quarter and year-over-year, respectively.

Net Employment Outlook Seasonally Adjusted Outlook 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

Manpower Munkaerő-piaci Előrejelzés 5

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 5

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 +19 (+19)% Central Transdanubia Reporting a Net Employment Outlook of +19%, employers anticipate a steady hiring pace during the next three months. Hiring plans decline by 4 percentage points when compared with the previous quarter, but remain relatively stable in comparison with 3Q 2017.

Net Employment Outlook Seasonally Adjusted Outlook 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

+16 (+16)% Northern Great Plain Employers forecast respectable job gains during 3Q 2018, reporting a Net Employment Outlook of +16%. However, hiring prospects decline by 5 percentage points in comparison with both 2Q 2018 and 3Q 2017.

Net Employment Outlook Seasonally Adjusted Outlook 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

6 Manpower Munkaerő-piaci Előrejelzés

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 6

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 +21 (+20)% Northern Hungary In the third quarter of 2018, employers continue to anticipate the strongest labor market since the survey began nine years ago, reporting a Net Employment Outlook of +21% for the second consecutive quarter. Year-over-year, the Outlook improves by 6 percentage points.

Net Employment Outlook Seasonally Adjusted Outlook 50 40 30 20 10 0 -10 -20 -30 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

+21 (+24)% Southern Great Plain The strongest hiring pace since the survey began nine years ago is forecast for the July- September period. Employers report a Net Employment Outlook of +21%, improving by 3 percentage points in comparison with the previous quarter, and by 5 percentage points when compared with this time one year ago.

Net Employment Outlook Seasonally Adjusted 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

Manpower Munkaerő-piaci Előrejelzés 7

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 7

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 +24 (+25)% Southern Transdanubia Job seekers can expect to benefit from the strongest labor market since the survey began nine years ago, according to employers who report a Net Employment Outlook of +24% for the upcoming quarter. Hiring intentions are considerably stronger both quarter-over-quarter and year-over-year, increasing by 9 and 11 percentage points, respectively.

Net Employment Outlook Seasonally Adjusted 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

+17 (+17)% Western Transdanubia With a Net Employment Outlook of +17%, employers forecast steady workforce gains in the next three months. The Outlook improves by 2 percentage points when compared with the previous quarter, but declines by 2 percentage points when compared with the third quarter of 2017.

Net Employment Outlook Seasonally Adjusted Outlook 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

8 Manpower Munkaerő-piaci Előrejelzés

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 8

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 Sector Comparisons Staffing levels are expected to increase in all nine Finance, Insurance, Real Estate & Business Services industry sectors during 3Q 2018. The strongest labor sector and the Wholesale & Retail Trade sector. market is anticipated by Manufacturing sector However, hiring intentions weaken in three sectors, employers with a healthy Net Employment Outlook of including considerable declines of 13 and 9 +28%. Solid payroll gains are also anticipated in the percentage points reported for the Construction Transport, Storage & Communication sector, where sector and the Public & Social sector, respectively. the Outlook is +24%, and in two sectors with Outlooks of +23%  the Construction sector and the Finance, Insurance, Real Estate & Business Services sector. Hiring prospects improve in four of the nine industry Elsewhere, employers forecast upbeat hiring activity in sectors when compared with the third quarter of 2017. the Wholesale & Retail Trade sector and the Electricity, Electricity, Gas & Water sector employers report the Gas & Water sector, with Outlooks of +19% and +17%, most noteworthy increase of 8 percentage points, respectively. Meanwhile, the weakest sector Outlook while the Outlook for the Wholesale & Retail Trade of +10% is reported in the Agriculture, Hunting, sector improves by 5 percentage points. Meanwhile, Forestry & Fishing sector. Outlooks weaken in four sectors, including the Construction sector with a considerable decline of 11 percentage points, and the Restaurants & Hotels In comparison with the previous quarter, hiring plans sector, where employers report a decrease of 4 improve in six of the nine industry sectors. percentage points. Manufacturing sector employers report the most notable increase of 7 percentage points, while Outlooks are 4 percentage points stronger in both the

Net Employment Outlook Seasonally Adjusted Outlook

Agriculture, Hunting, Forestry 14 & Fishing 10 24 Construction 23 16 Electricity, Gas & Water Supply 17 23 Finance & Business Services 23 30 Manufacturing 28 11 Public & Social 11 18 Restaurants & Hotels 13 26 Transport, Storage & Communication 24 19 Wholesale & Retail Trade 19

0510 15 20 25 30

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SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 9

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 +10 (+14)% Agriculture, Hunting, Forestry & Fishing Job seekers can expect a moderate hiring pace in the July-September time frame, according to employers who report a Net Employment Outlook of +10%. The Outlook improves by 3 percentage points when compared with the previous quarter, and is unchanged in comparison with 3Q 2017.

Net Employment Outlook Seasonally Adjusted Outlook 50 40 30 20 10 0 -10 -20 -30 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

+23 (+24)% Construction Employers forecast solid payroll gains in the third quarter of 2018, reporting a Net Employment Outlook of +23%. However, hiring plans are considerably weaker both quarter- over-quarter and year-over-year, declining by 13 and 11 percentage points, respectively.

Net Employment Outlook Seasonally Adjusted Outlook 50 40 30 20 10 0 -10 -20 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

10 Manpower Munkaerő-piaci Előrejelzés

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 10

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 +17 (+16)% Electricity, Gas & Water The upbeat hiring pace is expected to continue in the upcoming quarter, with employers reporting a Net Employment Outlook of +17%. Hiring prospects remain relatively stable in comparison with 2Q 2018, and improve by 8 percentage points when compared with this time one year ago.

Net Employment Outlook Seasonally Adjusted Outlook 50 40 30 20 10 0 -10 -20 -30 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

+23 (+23)% Finance, Insurance, Real Estate & Business Services The strongest labor market since the survey began nine years ago is anticipated during the next three months. Employers report an optimistic Net Employment Outlook of +23%, improving by 4 percentage points when compared with both 2Q 2018 and 3Q 2017.

Net Employment Outlook Seasonally Adjusted Outlook 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

Manpower Munkaerő-piaci Előrejelzés 11

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 11

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 +28 (+30)% Manufacturing A healthy increase in staffing levels is likely in the third quarter of 2018, according to employers who report a Net Employment Outlook of +28%. Hiring intentions are 7 percentage points stronger when compared with the previous quarter, but decline by 2 percentage points in comparison with this time one year ago.

Net Employment Outlook Seasonally Adjusted Outlook 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

+11 (+11)% Public & Social Employers forecast respectable payroll gains in 3Q 2018, reporting a Net Employment Outlook of +11%. While the Outlook declines by 9 percentage points quarter-over-quarter, employers report a year-over-year improvement of 3 percentage points.

Net Employment Outlook Seasonally Adjusted Outlook 50 40 30 20 10 0 -10 -20 -30 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

12 Manpower Munkaerő-piaci Előrejelzés

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 12

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 +13 (+18)% Restaurants & Hotels Reporting a Net Employment Outlook of +13%, employers anticipate a steady hiring pace in the forthcoming quarter. Hiring plans improve by 2 percentage points in comparison with the previous quarter, but are 4 percentage points weaker when compared with the third quarter of 2017.

Net Employment Outlook Seasonally Adjusted Outlook 50 40 30 20 10 0 -10 -20 -30 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

+24 (+26)% Transport, Storage & Communication Solid workforce gains are expected in the July-September period, with employers reporting a Net Employment Outlook of +24%. Hiring prospects are 3 percentage points stronger in comparison with 2Q 2018, but decline by 3 percentage points year-over-year.

Net Employment Outlook Seasonally Adjusted Outlook 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

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SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

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ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 +19 (+19)% Wholesale & Retail Trade Job seekers can expect upbeat hiring activity in the third quarter of 2018, according to employers who report a Net Employment Outlook of +19%. Hiring intentions improve by 4 percentage points when compared with the previous quarter, and by 5 percentage points when compared with this time one year ago.

Net Employment Outlook Seasonally Adjusted Outlook 60 50 40 30 20 10 0 -10 -20 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No bar indicates Net Employment Outlook of zero.

14 Manpower Munkaerő-piaci Előrejelzés

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 14

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 Organization Size Comparisons Participating employers are categorized into one of When compared with 2Q 2018, hiring plans decline in four organization sizes: Micro businesses have less three of the four organization size categories. Small than 10 employees; Small businesses have 10-49 employers report a decrease of 4 percentage points, employees; Medium businesses have 50-249 while Outlooks are 3 and 2 percentage points weaker employees; and Large businesses have 250 or more for Large- and Medium-size employers, respectively. employees. However, Micro employers report a moderate improvement of 8 percentage points.

Job gains are forecast for all four organization size categories during the upcoming quarter. Large Hiring intentions are 3 percentage points stronger for employers report robust hiring intentions with a Net Large employers when compared with this time one Employment Outlook of +32%, while Medium year ago, and also improve by 2 percentage points in employers anticipate solid payroll gains, reporting an the Micro employer category. Meanwhile, Outlooks Outlook of +24%. Elsewhere, Outlooks stand at +16% remain relatively stable for Small- and Medium-size and +13% for Micro- and Small-size employers, employers. respectively.

Net Employment Seasonally Organisation-Size Increase Decrease No Change Don’t Know Outlook Adjusted %%%%%%

Micro-Size fewer than 10 18 181017 16 Small-Size 10-49 21 572216 13 Medium-Size 50-249 31 564026 24 Large-Size 250 or more34264 03232

Micro-Size fewer than 10 Small-Size 10-49 Medium-Size 50-249 Large-Size 200 or more 50

40

30

20

10

0

-10

-20 2011 2012 2013 2014 2015 2016 2017 2018

Graph displays Seasonally Adjusted Data

Manpower Munkaerő-piaci Előrejelzés 15

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 15

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 About the ManpowerGroup Employment Outlook Survey The ManpowerGroup Employment Outlook Survey is Methodology conducted quarterly to measure employers’ intentions to increase or decrease the number of employees in their The ManpowerGroup Employment Outlook Survey is workforces during the next quarter. ManpowerGroup’s conducted using a validated methodology, in comprehensive forecast of employer hiring plans has accordance with the highest standards in market been running for more than 55 years and is one of the research. The survey has been structured to be most trusted surveys of employment activity in the world. representative of each national economy. The margin of error for all national, regional and global data is not Various factors underpin the success of the Manpower greater than +/- 3.9%. Employment Outlook Survey:

Unique: It is unparalleled in its size, scope, longevity and area of focus. Net Employment Outlook

Projective: The ManpowerGroup Employment Outlook Throughout this report, we use the term “Net Employment Survey is the most extensive, forward-looking Outlook.” This figure is derived by taking the percentage of employment survey in the world, asking employers to employers anticipating an increase in hiring activity and forecast employment over the next quarter. In contrast, subtracting from this the percentage of employers other surveys and studies focus on retrospective data to expecting to see a decrease in employment at their report on what occurred in the past. location in the next quarter. The result of this calculation is the Net Employment Outlook. Net Employment Outlooks Independent: The survey is conducted with a for countries and territories that have accumulated at least representative sample of employers from throughout the 17 quarters of data are reported in a seasonally adjusted countries and territories in which it is conducted. The format unless otherwise stated. survey participants are not derived from ManpowerGroup’s customer base. Seasonal adjustments have been applied to the data for all participating countries except Croatia and Portugal. Robust: The survey is based on interviews with over ManpowerGroup intends to add seasonal adjustments to 60,000 public and private employers across 44 countries the data for other countries in the future, as more historical and territories to measure anticipated employment trends data is compiled. Note that in Quarter 2 2008, each quarter. This sample allows for analysis to be ManpowerGroup adopted the TRAMO-SEATS method of performed across specific sectors and regions to provide seasonal adjustment for data. more detailed information.

Focused: For more than 55 years the survey has derived all of its information from a single question:

For the 3Q 2018 research, all employers participating in the survey worldwide are asked the same question, “How do you anticipate total employment at your location to change in the three months to the end of September 2018 as compared to the current quarter?”

16 Manpower Munkaerő-piaci Előrejelzés

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 16

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744 About ManpowerGroup ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win.

We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower®, Experis®, Right Management® and ManpowerGroup® Solutions – creates substantially more value for candidates and clients across 80 countries and territories and has done so for 70 years.

In 2018, ManpowerGroup was named one of the World’s Most Ethical Companies for the ninth year and one of Fortune’s Most Admired Companies for the sixteenth year, confirming our position as the most trusted and admired brand in the industry.

See how ManpowerGroup is powering the future of work: www.manpowergroup.com

ManpowerGroup Hungary Váci road 76. Budapest 1133 Tel: +36 1 411 1590 Fax: +36 1 411 1585 www.manpowergroup.hu

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Manpower Munkaerő-piaci Előrejelzés 17

SMART JOB NO: 11001 QUARTER 2 2016

CLIENT: MANPOWER

SUBJECT: MEOS Q216 – GLOBAL – TWO COLOUR – A4

SIZE: A4

DOC NAME: Hungary_4Col_A4_Q318_ENG PAGE: 17

ARTWORK SIZE: 297mm x 210mm DATE: 30.05.18

87 CHARTERHOUSE STREET • LONDON EC1M 6HJ • TEL +44 (0)20 7553 4744