• Coronavirus in Hungary
  • coronavirus
  • Budapest
  • Covid immunity certificate in Hungary
  • Covid immunity certificate/vaccine passport
  • Hungary border control
  • HelloMagyar
Jobless rate edges down to 3.5 pc in May in HungaryJobless rate edges down to 3.5 pc in May in HungaryJobless rate edges down to 3.5 pc in May in HungaryJobless rate edges down to 3.5 pc in May in Hungary
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Support us
Daily News Hungary Daily News Hungary · 23/06/2022
· Society

Jobless rate edges down to 3.5 pc in May in Hungary

economy Hungary statistics

Hungary’s jobless rate was 3.5 percent in May, down from 3.6 percent in the previous month and from 3.9 percent twelve months earlier, the Central Statistical Office (KSH) said on Thursday.

The rate covers unemployment among people between the ages of 15 and 74. There were 168,500 unemployed in Hungary in May, 7,800 fewer than a month earlier and 20,900 fewer than in May 2021.

The rolling three-month average jobless rate stood at 3.4 percent, slipping from 3.5 percent in April and 4.1 percent twelve months earlier. The monthly jobless rate for the 15- to 64-year-old age group stood at 3.5 percent, down from 3.6 percent in the previous month and 4.0 percent a year earlier.

  • Read also: ChristDems: Hungary stands for EU candidacy of Georgia and Bosnia-Herzegovina

KSH uses the International Labour Organisation (ILO) definition of joblessness which includes people who are without work, people who carried out activities to seek employment in the previous past four weeks, and people who did not look for work but made arrangements for a future job start within two weeks.

KSH noted that data from the National Employment Service (NFSZ) show there were 234,000 registered jobseekers at the end of May, down by 14.7 percent from twelve months earlier.

European Union EU flag
Read alsoHungarians see protection of democracy as EP’s main role – Eurobarometer

Source: MTI

economy Hungary statistics
Share
Daily News Hungary
Daily News Hungary

Related posts

Budapest parking Unsplash
29/06/2022

Budapest to introduce new uniform parking system


Read more
Paprika Tálban in a Bowl
29/06/2022

Hungarian space paprika is better than NASA’s


Read more
Budapest roof collapse 1
29/06/2022

Budapest building roof collapses – Here’s why


Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.


Latest news
  • Budapest to introduce new uniform parking system
  • Hungarian space paprika is better than NASA’s
  • Orbán: ‘We must not get dragged into war’
  • More than 105,000 illegal migrants caught at border so far this year

About us

Contact us

© 2022 DailyNewsHungary. All rights reserved!
Posting....