Number of job seekers falls further in October

Tourism

There were 244,200 registered job seekers in Hungary at the end of October, down 6.1% from a year earlier, the National Employment Office (NFSZ) said Thursday, according to state news agency MTI.

The NFSZ said 26.9% of the total, or around 65,800 people, had been seeking work for more than one year. The ratio was down 10.4 percentage points from a year earlier.

About 10% of registered job seekers, or 24,500 people, were unemployed school-leavers.

Around 134,500 jobseekers, or 55.1% of the total, were eligible for some kind of unemployment or social support during the month, the NFSZ said.

ADVERTISEMENT

Sharp Rise in Energy Costs Putting Strain on Competitiveness Analysis

Sharp Rise in Energy Costs Putting Strain on Competitiveness

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Danubius Hotels Appoints Group Director of Development Appointments

Danubius Hotels Appoints Group Director of Development

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim... City

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim...

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.