Hungary Jobless Rate Rises To 4.8%
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7 Articles
Hungary Jobless Rate Rises To 4.8%
Hungary's unemployment rate increased in the June-August period. The unemployment rate stood at 4.8 percent in June-August, up from 4.6 percent in the May to July period. The number of unemployed people increased to 234,700 in the June-August period from 225,000 in the previous three months.
Dramatic data has come in: Hungary is losing more and more - The Central Statistical Office brought bad news, the negative trend continues.
The Hungarian labor market has come to a standstill: the number of employed people has decreased by 24,000 in one year, while the unemployment rate rose to 4.8 percent in the June-August period. Job seekers have been trying to find a job for almost a year on average, and the proportion of those who have been looking for a job for more than a year has also increased significantly.
According to the latest data from the Hungarian Central Statistical Office (KSH), the number of people working in the domestic primary labor market has decreased by 36,000 in one year. The situation of the labor market is also indicated by the fact that more than a third of the unemployed have been looking for a job for at least a year.
The number of employed people decreased in August, the number of unemployed people increased, and the unemployment rate also rose, according to data from the Central Statistical Office (KSH).
The number of unemployed people is 229 thousand, according to the Central Statistical Office (KSH) data for August.
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