Number of unemployed likely to have grown to more than 300,000 in March
Photo by Shutterstock.com
Unemployment in Hungary may have risen sharply in March due to the coronavirus crisis, and the situation is only getting worse, says portfolio.hu.
That is why it is crucial that the government saves as many jobs as possible as soon as it can.
There are no official statistics yet, but according to government signals, the number of unemployed increased by at least 30,000 in March, leaving the number of unemployed at 300,000 at the end of last month.
The ratio of registered jobseekers to the active population could have risen from 5.7% in February to well above 6% in March, portfolio.hu adds.
MOL Shareholders Approve Dividend of Around HUF 250/Share
Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...
Hungary's Largest ESG Consultancy Formed by Merger of EY, De...
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
