The average number of employed persons aged 15–74 fell by 33,000 year-on-year to 4.679 million. The unemployment rate rose to 4.5%, with 221,000 people classified as unemployed.
In the September–November 2024 period, the average number of employed persons aged 15–74 stood at 4.691 million, down 23,000 for men (2.488 million) and 2,000 for women (2.203 million) compared to the previous year.
The domestic primary labor market recorded a decline of 39,000 workers, bringing the total to 4.517 million. Meanwhile, the number of public workers (63,000) and those working abroad (111,000) remained stable.
The employment rate for those aged 15–64 was 75.1%. Among men, the employment rate decreased by 0.5 percentage points to 78.7%, while the rate for women held steady at 71.4%.
The number of unemployed persons aged 15–74 increased by 20,000 year-on-year to 231,000 in the September–November 2024 period, raising the unemployment rate by 0.4 percentage points to 4.7%.
Unemployment among men rose by 0.3 percentage points to 4.6%, with 120,000 individuals seeking jobs. For women, the unemployment rate increased by 0.5 percentage points to 4.8%, with 111,000 job seekers.
The average duration of job searches was 11.6 months. Nearly half of all unemployed (49%) had been seeking work for less than three months, up 3.5 percentage points year-on-year. Those unemployed for over a year accounted for 33.1% of the total.
Data from the National Employment Service showed that the number of registered job seekers at the end of November 2024 fell slightly by 0.5% compared to the same period the previous year, totaling 225,000.
These figures highlight a challenging labor market environment as Hungary faces declining employment figures and a rise in unemployment, alongside a stable yet modest job search duration.
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