Number of Jobseekers Falls 10% y.o.y. in August

HR

Photo by Fizkes / Shutterstock.com

The number of registered jobseekers in Hungary reached 231,091 in August, 24,610 fewer than in the same month a year earlier, a decline of 10%, state news wire MTI reports citing data released by the National Employment Service (NFSZ).

The number of jobseekers was practically flat compared to the previous month.

The data show 3,031 Hungarians registered as jobseekers for the first time during the month. The total number of new jobseeker registrations, including repeat registrations, reached 28,568.

Around 39% of registered jobseekers received no jobseekers' allowance or social assistance in August.

About 38% had been seeking work for longer than a year.

The average period jobseekers were registered was 504 days.

ADVERTISEMENT

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga Analysis

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

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.