The business climate survey of the HCCI Research Institute of Economics and Entrepreneurship (IEER), which is the largest business climate assessment of its kind in Hungary, covering most companies, took place for the thirty-seventh time in April 2016. In the following, we present the main results.

The research program "Vocational schools" by IEER conducted since 2008 includes two main parts. The aim of the company survey is to map the demand of specific segments in the business sector for vocational school graduates within one year and beyond a three-year time span.
The survey on graduates examines the beginning of the working life of those young people who obtained their qualifications in vocational schools or trade schools 19 months before. The research has a focus point on whether these young people were able or willing to enter the labour market during the 19 months after their graduation.

The results of the latest quarterly business climate survey reveal slightly more favourable economic condition compared to the previous quarter: the IEER Quarterly Business Climate Index increased from 32 to 33 points, which is the highest value in the history of the indicator. It was only 24 points in the same period of the previous year. The Uncertainty Index is at a current level of 35 points, which is slightly lower than in the previous quarter (it was 37 points in January 2016). The value of the Uncertainty Index indicates that the current trend is not uniform within the private sector, and that it will continue to be confined to one part of the economy and will not be felt by all companies.