Jobless rate rises to 4.4% in April

Figures

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Hungary's jobless rate reached 4.4% in April, climbing 0.4 percentage point from the previous month as well as from the same month a year earlier, data released by the Central Statistical Office (KSH) on Thursday show.

The rate covers unemployment among people between the ages of 15 and 74.

In absolute terms, there were 211,100 unemployed, up 17,500 from the previous month and 24,000 more than a year earlier.

The jobless rate for the 15-64 age group stood at 4.4% in April.

KSH noted that data from the National Employment Service (NFSZ) show there were 288,000 registered jobseekers at the end of April, down 13% from 12 months earlier.

The monthly employment rate for the 15-74 age group fell to 61.9% in April, edging down 0.7 percentage point from a month earlier. In absolute terms, there were 4,559,300 employed, 56,700 fewer than a month earlier, but up 36,200 from 12 months earlier.

 

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