Full employment achieved in several Hungarian counties

Budapest, April 7 (MTI) – Full employment in an economic sense has already been achieved in several counties, daily Magyar Idők said on Friday, citing economy ministry advisor Piroska Szalai.

The unemployment rate was under 2 percent in Vas County, Győr-Sopron County and Veszprém County, all in western Hungary, in the last quarter of 2016 and it was under 3-4 percent in several other counties, she said. Even in Szabolcs-Szatmár-Bereg County, in the economically depressed north-east, it was below 10 percent, she added.

She said the expansion of the labour market has been outstanding and the employment rate increased in the 20-64 age group faster in Hungary than in any other of the 28 European Union member states last year.

Hungary will most certainly be able to meet its promise to the EU to achieve 75 percent employment rate in the 20-64 age group by 2020, she said. Last year, 71.5 percent of the people in this age group held jobs, she added.

In 2010, Hungary had among the lowest employment figures in the EU and it has since climbed to the top group, Szalai said.

Hungarian net wages are still very low with average 589 euros

Photo: MTI

Source: MTI