News in Brief
Hungary's youth employment rate is higher than the EU average
One reason for the low unemployment rate could be the Youth Guarantee Program that has already helped 100,000 young people find work in Hungary
One reason for the low unemployment rate could be the Youth Guarantee Program that has already helped 100,000 young people find work in Hungary
Official figures show that 85 percent of Hungarian graduates find jobs when leaving university
The Finance Ministry has earmarked 3 billion HUF (9.4 million EUR) for the summer-focused program
According to a Eurostat survey published on International Youth Day, the number is attribute to young people aged between 20 and 24 years who are not studying or working
In absolute terms, there were 202,500 unemployed in Hungary in December-February, 73,000 fewer than in the same period a year earlier