The rate of unemployment among 15-74 year-olds was lower than 5.1 percent in the same period a year earlier. In absolute terms, there were 196,000 job seekers in Hungary in April-June, 6,700 less than in March-May and 47,600 less than in the same period a year earlier.

The unemployment rate among 15-24 year-olds stood at 11 percent, down by 2.3 percentage points from a year earlier.

The unemployment rate for 25-54 year-olds dropped by 0.8 percentage points to 3.7 percent and the rate among 55-64 year-olds was down by 0.4 percentage point at 3.9 percent.

From January on, skilled labor wages in tourism (785 euros) may exceed the average ones (590 euros); the collective contract will be signed this autumn.

Republished with permission of Hungary Matters, MTI’s daily newsletter.