Number of jobseekers falls by close to 8,200 in May
Photo by Shutterstock.com
The number of registered jobseekers in Hungary reached 233,615 in May, 8,177 fewer than in the previous month, state news wire MTI reports, citing data released by the National Employment Service (NFSZ).
The number of registered jobseekers was 40,169 lower than in the same month a year earlier.
The data showed 2,504 Hungarians registered as jobseekers for the first time during the month. The total number of new jobseeker registrations, including repeat registrations, reached 28,847.
Around 39% of registered jobseekers received no jobseekers' allowance or social assistance in May.
About 39% had been seeking work for longer than a year.
The average period jobseekers were registered stood at 502 days.
Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
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.
