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NFSZ: Hungary’s jobseeker numbers down 15% in October

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The number of registered jobseekers in Hungary was down by a year-on-year 15% in October, to 334,400 compared to the previous year’s 395,200 and the previous month’s 341,700, the National Employment Service (NFSZ) reported yesterday.

The number of people searching for a job for more than a year was 29.6% of the total, approximately 99,000 people; this figure dropped 4.0 percentage points in year-on-year terms, the office said in its report.

School leavers accounted for 12.5% of the total, approximately 41,700 people, in October, NFSZ added.

The unemployment rate in Hungary was down 0.7 percentage points to 6.4% in the period of August-October compared to the same period a year earlier, Hungary’s Central Statistical Office (KSH) reported on November 27. The figure counts Hungarians working abroad and people working for the stateʼs workfare program as being employed. Experts say the actual unemployment rate is higher.

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