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So he hired Czeizel, and four other pensioners, finding them through cooperatives that help retirees get jobs. “In the past two years, we have employed a growing number of pensioners because of the labor shortage,” said Tamasi, whose company, SIXI 2000 Kft, had an average turnover of about 4 billion forints ($14.3 million) in recent years. His pensioners are just five of the 75,000 that government figures show are employed in Hungary, one of the poorest members of the EU. Budapest hopes their ranks could double this year after tax cuts were offered in January to make it cheaper for companies to hire them.

“When I retired, I promised myself never to work again, but unfortunately necessity made me do it,” Czeizel said, standing by a computer she uses to check out large boxes of sweets, “I was having financial difficulties on a daily basis.”, Official statistics showed penn state sterling silver cufflinks 2.6 million Hungarians, or about a quarter of the population, received a monthly pension of 117,485 forints ($420) on average last year, If they go back to work, they get to keep both the pension and whatever they earn, Hungary’s average take-home pay for full-time workers is 217,600 forints..

Czeizel’s daughter and one of her grandchildren live in Hungary, but her son moved to Briain in 2005, just after Hungary joined the EU and well before the main wave of west-bound migration started in the first half of this decade. “He moved abroad early because he saw no future for himself over here,” Czeizel said. “It seems like he has managed to take root, because they have already bought a house. He is not planning to return.”. Prime Minister Viktor Orban, whose government has refused to take in immigrants from the Middle East and Asia over fears of a lasting change to Hungary’s cultural and ethnic make-up, has said the country has effectively run out of workers.

“Even in the longer run ., being the size that we are, the number of people willing and able to work in Hungary will remain penn state sterling silver cufflinks between 4.5 million and 5 million,” Orban told a news conference last month, Vacancies posted on the Hungarian jobs board already reflect a degree of desperation by some businesses, A number of openings are aimed at “career starters, experienced professionals, or even pensioners.”, Discount supermarket chain Penny Market posted warehousing jobs targeting pensioners last month, The Hungarian unit of the freight transport company Rail Cargo Group was looking for engine drivers, including pensioners willing to work part-time..

Companies in the nearby Czech Republic, which has the EU’s tightest labor market and is a model for Orban because of its ultra-low jobless rate, are having problems, too. “I’ve basically had to beg to get a welder out of retirement and back to work,” said Pavel Bouska, the owner of Vafo Praha, a maker of pet food. “It is also a problem of disappearing people with the required skills,” Bouska said. Wages for technically skilled workers were soaring because younger people wanted other kinds of jobs, he said.

LONDON (Reuters) - Barclays is shifting some jobs in its London-based credit and equity derivatives sales teams to Paris as it reorganizes its operations ahead of Brexit, two sources familiar with the matter said, Last month the bank warned staff in charge of credit and equity derivatives penn state sterling silver cufflinks sales for the Nordics that their jobs would be relocated to Paris by the end of March, giving them just two months’ notice, one of the sources said, A spokesman for Barclays declined to comment, The likelihood of a no-deal Brexit has increased substantially since British Prime Minister Theresa May’s plan for maintaining ties with the EU was rejected on Jan, 15 by the UK parliament as well as by many politicians in her own Conservative Party..

Many financial institutions have started putting Brexit contingency plans into action and moving staff to newly leased offices in Paris, Frankfurt, Dublin and other financial hubs on the continent. Bank of America said on Friday that it had begun relocating some jobs to Paris, with staff moving in to a new 11,000 square meter office in the eighth arrondissement, near the Elysee Palace. The French government has been actively seeking to convince banks to move jobs to Paris, introducing tax incentives and pledging to open more English-language schools for bankers’ children.

Barclays has made Ireland its main post-Brexit EU banking hub, and got court approval last week to move 190 billion euros ($215 billion) of assets from Britain to its Dublin subsidiary, A source familiar with the moves said only “a relatively small number of people” would relocate to Paris as well as other EU centers and that decisions had to be fast-tracked after Theresa May’s historic defeat on her Brexit deal in Parliament on Jan, 15, Britain’s financial services industry has so far emerged largely unscathed from the build-up to Brexit, with only about 2,000 roles expected to have moved or been created overseas even as penn state sterling silver cufflinks the risk of a disorderly exit grows, a Reuters survey showed..

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