A poll on labor force shows that since the formal beginning of the crisis in Serbia in October 2008 about 215,000 people lost their jobs in a year. The decrease in employment in informal economy has meanwhile exceeded the decrease of jobs in regular economy

Hungary’s Prime Minister Gordan Baynai has recently said that coming out of the recession will not occur until the number of employees returns to the level before the global crisis.

Although the labor market was not the first to feel the crisis, according to experts it will be the last to recover. Statistical recovery of the economy, even in the case of the optimistic scenario predicted by some ministers from the Government, will not mean much to most citizens, especially the unemployed ones, until they obtain a chance to find a job more easily, and until salaries start increasing as well.