Jobless rate rises to 4.4% in April
Image by Victoria Labadie / Shutterstock.com
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.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.