Registered jobseekers down by almost 25,000 since mid-June


Photo by

The number of registered jobseekers fell by almost 25,000 in Hungary from its mid-June low by the first days of August, a clear sign of a positive turnaround on the jobs market, state secretary of the Ministry of Innovation and Technology (ITM) Sándor Bodó said on Tuesday, according to a report by state news wire MTI.

The number of jobseekers has been declining for the seventh week in a row, Bodó said.

Employment data are also promising as June numbers indicate an increase of 58,000 compared to May, the state secretary added.

Among the sectors worst hit by the state of emergency, new vacancies have multiplied in commerce, the tourism and catering sector and in manufacturing, Bodó said. The number of jobseekers who found employment came close to 20,000 last week, he added.

Wage support schemes managed by the ITM have helped businesses retain a combined more than 260,000 jobs, Bodó said in the statement. These schemes and other government measures aimed to dampen the economic effects of the coronavirus pandemic (credit options, tax and payroll tax reductions, training opportunities) have so far helped more than 1 million workers, he added.


Czech economic confidence improves in May Analysis

Czech economic confidence improves in May

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

Spring’s allergy season - the heat is on Interview

Spring’s allergy season - the heat is on

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500


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.