Number of jobless people gradually increasing in Hungary

Old man homeless poor jobseeker jobless

The jobless rate in Hungary for people between the ages of 15 and 74 stood at 4.3pc in December, data released by the Central Statistics Office (KSH) on Friday show.

Number of jobless Hungarians rising

In absolute terms, there were 210,000 unemployed. The number of employed reached 4,678,000 in December, down 16,000 from twelve months earlier. For the period October-December, the rolling average number of employed slipped 24,000 to 4,689,000. The number of people employed on the primary market fell 32,000 to 4,515,000. The number of Hungarians working abroad edged up to 111,000 and the number of people in fostered work programmes stood at 63,000.

The employment rate for the 15-64 age group reached 75.1pc in October-December. Data from the National Employment Service (NFSZ) show there were 221,000 registered jobseekers at the end of December, down 1.8pc from twelve months earlier.

Jobseekers spent 11.9 months, on average, looking for work, but 48pc of the jobless found new positions in under three months. The percentage of jobless who had been looking for work for at least one year reached 34pc.

Government remains optimistic

Commenting on the fresh data, Sándor Czomba, the state secretary for employment policy, said the number of employed had been stable at a high level for more than a year, while the jobless rate was under the European Union average. The number of jobless in December fell 11,000 from the previous month, he added.

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