Hungary jobless rate drops to 10.8% in April-June
In the 15-64 age group the jobless rate fell from 11.0% in March-May to 10.9%, and also droppped from 12.0% one year earlier.
The jobless rate fell and the number of employed rose in both the 15-74 and the 15-64 age groups for the third consecutive three-month period.
After months of decline, the activity rate in both age groups rose now for the third three-month period in a row, to 55.6% and 62.6%, respectively.
The number of unemployed in the 15-64 age group averaged 460,600 in April-June of 2011, falling 5,100 from the previous three-month period and down 12,600 in one year.
The number of employed within the 15-64 age group rose 23,200 from March-May to 3,776,800, and was up 28,800 from a year earlier, KSH said.
Average unemployment in 2010 was 11.2%, up 1.2 percentage points from 2009.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.