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Hungary business sector employment up in September in first monthly rise since Jan

The number of full-time employees at businesses with at least five staff in Hungary rose in September from August in the first monthly increase since January, figures published by the Central Statistical Office (KSH) on Tuesday show. The number of public sector employees rose now for the third month.

The number of business sector employees rose 9,700 from August after a 5,300 fall in August. Except for a 15,000 rise in January, business sector employment fell each month since July 2008. The fall deepened as the recession hit Hungary in the last quarter of 2008 and slowed since the summer months.

Even with the September rise, a total of 143,900 full-time jobs were lost with businesses employing at least five staff in the year to September. Business employment fell 7.4% yr/yr to 1,803,900.

Public sector employment rose 49,100 or 6.8% from September 2008, including a 6,000 rise from August, due to public works financed from the central budget. Employment in the sector fell each month of the fourth quarter of 2008 and has risen, except for a June decline, since. The number of public sector employees 773,900.

The combined number of full-time employees rose 16,200 from August after a 1,400 fall in August from July. A decline evident since May last year deepened in the last quarter. Employment numbers dropped further in Q1 this year, rose in April and May and fell again in the following three months.

The total number of full-time employees was 2,670,400, still down 3.3% or 91,600 from a year earlier. (MTI-Econews)