Nearly 20% of Hungarian young adults unemployed last year

Photo by Fizkes / Shutterstock.com
Around 19.4% of Hungarians between the ages of 20-34 were unemployed and not participating in an education or training program last year, according to data compiled by EU statistical agency Eurostat.
The rate of young people neither in employment nor education and training, called the "NEET" rate, was over the 17.6% rate for the European Union as a whole.
The NEET rate for young males in Hungary stood at 10.1% but was 29.2% for females.
The NEET rate was 17.4% in Czechia, 16.7% in Poland and 20.8% in Slovakia.
ADVERTISEMENT
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.