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Aug 21, 2020

Hungary hopes to match last year’s employment figure in 2020

Gergely Gulyás said each European Union member country saw economic recession in the first half of this year but the drop in Hungary was below the European average.

 

The head of the Prime Minister's office has announced that the Hungarian government hopes to match last year’s employment figures throughout the year.

Gergely Gulyás said each European Union member country saw economic recession in the first half of this year but the drop in Hungary was below the European average and this trend is expected to strengthen in the future.

Some 4,460,000 Hungarians held jobs in July, which was 2,600 more than in January but a few tens of thousands behind last July’s figure, he said. At the same time, the number of registered jobseekers has been decreasing since June 15, he added.

The government has already transferred HUF 1,756 billion (EUR 5.1bn) to boost the economy, a measure that has obviously contributed to the “remarkable” employment figures.