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