Márton Nagy, the national economy minister, said more and more people in Hungary are willing to work, and the number of economically inactive people is down in just about every age group.
Minister Nagy said that restoring and further increasing economic growth requires raising the labor market activity rate. The government aims to increase the employment rate in the 15-64 age group to 85% in order for Hungary’s level of development to reach 90% of the European Union average, Nagy said. Citing the latest jobs data, the minister said the unemployment rate has seen only a slight increase, while the number of jobholders is at 4.7 million and the number of job seekers is at an all-time low. He said the rise in unemployment was only temporary, adding that it also showed that more and more previously inactive people were entering the job market. Nagy said the number of economically inactive people was down in just about every age group, mainly in the 15-34 and 55-64 brackets.