Jobless rate back at pre-pandemic level in Hungary
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Hungary’s jobless rate was at 3.7 percent in December, falling from 4.1 percent in the same month a year earlier and level with the rate in November, the Central Statistical Office (KSH) said on Thursday.
The rate covers unemployment among people between the ages of 15 and 74. In absolute terms, there were 179,000 unemployed, 200 fewer than in November and 20,700 fewer than in the same month a year earlier.
The rolling three-month average jobless rate also stood at 3.7 percent in December, as did the rolling three-month average jobless rate for the 15-64 age group.
KSH noted that data from the National Employment Service (NFSZ) show
there were 239,000 registered jobseekers at the end of December, down by an annual 17.9 percent.
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The employment rate for the 15-74 age group reached 63.9 percent in December, edging up from 63.7 percent in November. In absolute terms, there were 4,686,900 jobholders, 9,400 more than in November and 53,000 more than twelve months earlier, KSH said.