Good news! Jobless rate continuously decreasing in Hungary

Hungary’s jobless rate was 3.7 percent in November, down from 3.9 percent in October, the Central Statistical Office (KSH) said on Wednesday.

The rate covers unemployment among people between the ages of 15 and 74. In absolute terms, there were 179,200 unemployed, 9,400 fewer than in October and 10,200 fewer than in the same month a year earlier. The rolling average jobless rate was 3.6 percent in the three months to November.

KSH noted that data from the National Employment Service (NFSZ) show there were 242,000 registered jobseekers at the end of November, down by 18.3 percent from twelve months earlier.

Source: MTI