News in Brief
KSH: Hungary’s jobless rate reaches 3.5% in July
The monthly jobless rate for the 15- to 64-year-old age group stood at 3.5 percent, up from 3.3 percent in the previous month but down from 3.9 percent a year earlier.
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Blog
Congratulations, President Macron, but…
…seeing your investment and job creation record for the last five years makes me wonder if we’re doing enough to publicize our success in Hungary.
News in Brief
KSH: Hungary’s jobless rate was at 3.7% in Dec
Hungary’s jobless rate was at 3.7 percent in December, falling from 4.1 percent in the same month a year earlier and level with the rate in November.
News in Brief
KSH: Hungary’s jobless rate 3.7% in Nov
Data from NFSZ shows there were 242,000 registered jobseekers at the end of November, down by 18.3 percent from twelve months earlier.
News in Brief
Hungary significantly increases its financial reserves
The government has decided to delay some investments, significantly increasing Hungary's financial reserves this year by a total of HUF 350 billion while reducing public debt.
News in Brief
State Secretary: Fewer than 246,000 registered job seekers in Hungary
Tamás Schanda said Hungary’s labor market had recovered from the shock of the pandemic and employment had hit a record high since the change of political system just over three decades ago.
News in Brief
Hungary’s jobless rate fell in March
Hungary’s jobless rate fell to 4 percent in March, down 0.5 percentage point from the previous month.
News in Brief
Hungary avoids mass young worker redundancies during pandemic
During the pandemic, Hungary has evaded laying off large amounts of young workers compared to other European countries.
News in Brief
Hungary's unemployment rate drops 0.2 percentage points in a year
Hungary’s three-month rolling average jobless rate stood at 3.5 percent in August-October, down from 3.7 percent a year earlier.
News in Brief
New labor program significantly cuts Hungary's unemployment rate
The finance minister has revealed that more than 50,000 jobseekers and fostered workers have transferred to the primary labor market since last August thanks to a government labor scheme.
News in Brief
Hungary's unemployment rate falls by 3 percentage points in a year
Hungary’s three-month rolling average jobless rate dropped to 3.3 percent in April-June, falling from 3.4 percent in the previous three-month period and down from 3.6 percent last year.
News in Brief
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.
Blog
Beautiful ups and downs: GDP up, deficit down, foreign investment up, debt down, and wages on the rise
Hungary’s GDP growth is now approaching the second highest in the EU, in a year that saw record-low unemployment and rising real wages.