Number of jobseekers around historical low in Hungary

Hungary news – The number of registered jobseekers in Hungary stood at 228,356 in September, practically level with the number a year earlier, the National Economy Ministry said on Tuesday, citing data from the National Employment Service (NFSZ).

The ministry said the September figure was the lowest for the month in more than three decades.

Sandor Czomba, the state secretary for employment policy, said the number of Hungarians in the primary labor market had increased by 42,000 over the past twelve months, while the number of people in fostered work programs had dropped by 10,000 to 58,000. Employment among women has climbed in recent months, showing the impact of government measures to boost labour market activity, he added.

According to the latest data from the Hungarian Central Statistical Office, the number of employed persons increased by 39 thousand to 4.748 million in August 2024 compared to the same period of the previous year. In addition, the number of economically active people is also growing steadily, with an increase of 53 thousand compared to August 2023, the ministry said.

The unemployment rate has stabilised at a low level, with Hungary being the eighth country in the European Union with the lowest unemployment rate.

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