Unemployment rises, job numbers drop, and finding work takes longer in Hungary
The jobless rate in Hungary for people between the ages of 15 and 74 stood at 4.3pc in June, data released by the Central Statistics Office (KSH) on Friday show.
In absolute terms, there were 212,000 unemployed. The number of people working reached 4,679,000.
If we look at the period of April-June, the average number of employed reached 4,661,000, 49,000 fewer than in the same period a year earlier.
The number of people employed on the primary market stood at 4,490,000, down 57,000 from a year earlier. The number of Hungarians working abroad reached 105,000 and the number of people in fostered work programmes was 66,000.
The employment rate for the 15-64 age group stood at 74.9pc. Data from the National Employment Service (NFSZ) show there were 220,000 registered jobseekers at the end of June, down 1.4pc from twelve months earlier.
Jobseekers spent 12.2 months, on average, looking for work, but 41pc of the jobless found new positions in under three months. The percentage of jobless who had been looking for work for at least one year reached 32pc.
Commenting on the fresh data, Sándor Czomba, the state secretary for employment policy, said Hungary’s employment data remained “in the forefront” in Europe. He added that programmes to boost employment had placed over 44,000 jobseekers in positions.
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