KSH: Hungary's jobless rate stood at 4.4% in January
The number of employed reached 4,684,000 in January, up 32,000 from twelve months earlier.
The number of employed reached 4,684,000 in January, up 32,000 from twelve months earlier.
Minister Nagy said the number of economically inactive people was down in just about every age group, mainly in the 15-34 and 55-64 brackets.
The new scheme will see retiring employees stay on and share their experiences with younger peers.
Minister Szijjártó said Hungary’s economic performance returned to pre-pandemic level this summer already, whereas the global economy is projected to reach this level only by the end of next year.
Hungary’s jobless rate was 4 percent in August, edging up 0.1 percentage point from the previous month.
Almost 4.7 million Hungarians are employed and the 4 percent jobless rate is among the lowest in the European Union.
Hungary’s jobless rate was 3.9 percent in May, falling half a percentage point from the previous month and 0.6 pp from the same month a year earlier.
Hungary’s employment rate in the first quarter of 2021 grew the fastest in the European Union.
Hungary’s jobless rate stood at 4.4 percent in April, climbing 0.4 percentage point from the previous month as well as from the same month a year earlier.
After an initial plunge in employment at the end of the spring, there has been a steady rebound since the end of the summer.
The foreign minister said that in the new era of a global economy, only companies that can adapt to new challenges would be successful.
The foreign minister said he had called on the European Commission to “stop creating legal migration routes” and “insisting on bringing the African work force to Europe”.
The foreign minister said that 646 companies out of 806 bidders have now received grants totalling HUF 146 billion (EUR 418).