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May 29, 2019

Hungary's unemployment rate continues to fall

Hungary’s three-month rolling average jobless rate dropped to 3.5 percent in February-April, down from 3.6 percent in the previous three-month period.

Hungary’s three-month rolling average jobless rate dropped to 3.5 percent in February-April, down from 3.6 percent in the previous three-month period.

According to figures by the Central Statistical Office (KSH), the February to April figure, which covers unemployment among 15-74 year-olds, was down from 3.8 percent in the same period of the previous year.

In absolute terms, there were 162,400 unemployed, 3,300 fewer than in the previous period and down 14,600 from a year earlier.

Photo credit: kormany.hu