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Latest Jobless Rate in Hungary is 4.6%

• 28 Mar 2024 5:26 AM
• Hungary Matters

Hungary’s jobless rate was 4.6% in February, up from 4.5% in January, the Central Statistical Office (KSH) said.

The rate covers unemployment among people between the ages of 15 and 74. In absolute terms, there were 226,900 unemployed in February, 4,900 more than in January and 31,100 more than twelve months earlier.

The rolling three-month average jobless rate stood at 4.7% in February, up from 4.6% in January.

Meanwhile, the employment rate for the 15-74 age group was 64.7% in February, up from 64.4% in January.

In absolute terms, there were 4,723,100 people employed in February, 24,600 more than in January and 32,000 more than twelve months earlier.

The number of economically active people in the age group stood at 4,950,000, giving Hungary an activity rate of 67.8%, up from 66.8 percent twelve months earlier.

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Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

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