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Number of job seekers continues to fall in April

The number of registered job seekers in Hungary fell 38,000, or 5.8%, from the previous month to 612,000 in April, while the number of new jobs announced in the country during the month rose 64,800, by more than one-third, fresh data published by the National Employment Service (NFSz) show.

The number of job seekers at the end of April was up more than 10,000 or 1.7% from the same period a year earlier.

The number of new jobs was up around 20,000 or 45.9% from the same period one year earlier.

More than one-quarter of the registered job seekers ─ 166,400 people ─ had looked for employment for more than a year at the end of April, down 4.6% from the previous month.

According to seasonally adjusted data, the number of registered job-seekers was 594,000 in April, down 3,400 from the previous month.

Ten companies announced plans to lay off 404 employees in April, down 68% from the previous month. This is around 600 down from one year earlier.

The number of new jobs announced in April rose by more than one-third in one month to 64,800 in April. This number was up 45.9% yr/yr.

Around 69.5% of the new jobs were subsidized in some form by the state.