Hungary Reports 4.654 Million Employed as May Unemployment Holds at 4.3%
Updated
Updated · IndexBox, Inc. · Jun 25
Hungary Reports 4.654 Million Employed as May Unemployment Holds at 4.3%
1 articles · Updated · IndexBox, Inc. · Jun 25
Summary
4.654 million people aged 15-74 were employed in Hungary in May, while the unemployment rate stood at 4.3%, according to KSH.
4.640 million was the average employed count in March-May, down 33,000 from a year earlier, with domestic primary labour market jobs falling by 53,000 to 4.448 million.
Female employment dropped by 34,000 to 2.161 million while male employment was unchanged at 2.480 million; the 15-64 employment rate was steady at 75.0%.
208,000 people were unemployed on average in March-May, and the average job search lasted 13.3 months, with the long-term unemployed share rising to 36.9%.
215,000 registered job seekers were recorded at end-May, down 3.5% year on year, pointing to softer administrative unemployment data than the survey-based trend.