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Hungary’s jobless rate at 3.9% at end of April

KSH has announced that Hungary’s jobless rate was 3.9% at the end of April, edging down from 4.0% in March.

The Central Statistical Office (KSH) has announced that Hungary’s jobless rate was 3.9% at the end of April, edging down from 4.0% in March, but rising from 3.5% twelve months earlier.

According to MTI, the rate covers unemployment among people between the ages of 15 and 74. In absolute terms, there were 190,100 unemployed, 4,900 fewer than in March but 19,800 more than twelve months earlier. In February-April, the unemployment rate was at 4.0%, falling from 4.1% in March, but rising from 3.5% twelve months earlier. The number of jobseekers between the ages of 15-74 rose by 27,000 to 197,000. Meanwhile, the average number of employed persons aged 15-74 in April came to 4.710 million, 29,000 more than the previous year. In the February-April period, the number of employed was 4.698 million, 14,000 more than a year earlier.