Unemployment rate at 4% in June
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In June 2021, the unemployment rate in Hungary stood at 4%, down 1 percentage point compared to the same month of 2020, according to data published by the Central Statistical Office (KSH).
The average number of unemployed persons in June 2021 was 193,000.
Compared with May 2021, the number of unemployed increased slightly (by 4,000), while the unemployment rate remained essentially unchanged.
Unemployment rate at 4.1% in April-June
In April-June 2021, the number of unemployed persons aged 15-74 decreased by 16,000, while the unemployment rate fell by 0.4 percentage points. Among men, the number of unemployed persons was 104,000 and the unemployment rate decreased by 0.3 percentage points to 4.1%, while among women, the number of unemployed persons decreased to 94,000 and the unemployment rate decreased by 0.4 percentage points to 4.2%.
The number of unemployed 15-24-year-olds fell to 41,000, and their unemployment rate decreased by 1.1 percentage points to 13.3%. One fifth of all unemployed were young people. The unemployment rate for 25-54-year-olds fell by 0.5 percentage points to 3.6%, while the unemployment rate for 55-74-year-olds rose by 0.3 percentage points to 2.9%.
The average time spent looking for a job was 8.3 months and 31.9% of the unemployed had been looking for a job for at least a year.
The unemployment rate was highest in the Northern Great Plain, at 7.4%. Compared to the same period last year, the rate increased in Northern Hungary and Northern Great Plain, by 1.4 and 0.7 percentage points respectively. Unemployment was lowest in Western and Central Transdanubia, both at 2.4%.
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