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.
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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...
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.
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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.
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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.
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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.
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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.
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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.
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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.
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Hungary's unemployment rate falls yet again
KSH figures show that the number of employed stood at 4,494,500 among 15-74-year-olds, 44,300 more than in the same period a year earlier
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Survey finds Hungarians support law and order and reject violence
The survey was conducted in light of the violent street protests that question the government’s legitimacy, and the majority of the population are against such action
News in Brief
Hungary’s rolling average three-month jobless rate has fallen to 3.7 percent
KSH figures show that there were 172,900 unemployed in Hungary in August-October, 5,300 fewer than in July-September and 10,600 fewer than in the same period in 2017