• Home
• Channel: Business
• Official: June's Jobless Data In Hungary Indicates Turnaround On Labour Market

Official: June's Jobless Data In Hungary Indicates Turnaround On Labour Market

• 24 Jun 2020 10:52 AM
• Hungary Matters

The number of registered jobseekers in Hungary fell in the week of June 15, the first time a drop was registered since measures to contain the coronavirus epidemic were introduced, a Ministry of Innovation and Technology (ITM) official said, adding that this indicated a turnaround on the labour market.

Fully 281,000 jobseekers were registered in the week of March 16 at the outbreak of the virus, and this figure rose to 376,452 by the end of the week of June 8, László György, the ITM’s state secretary, told a press conference.

However, their number fell by 255 in the week of June 15, to 376,195. He said businesses have started recruiting again, partly thanks to government wage subsidies.

Most of the new jobs are in tourism, hospitality, retail and manufacturing, he said.

Hungary still has the fourth lowest jobless rate in the European Union, he added.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Jobless Data Labour Market

XpatLoop Media Partner

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.

Explore More Reports

All-Time Low for Jobseekers: Hungary Aiming to Reach Level of Development Equal to 90% of EU Average

• 15 Apr 2024 7:05 AM

More and more people in Hungary are willing to work, and the number of economically inactive people is down in just about every age group, Márton Nagy, the national economy minister said.



More Companies Plan Hires than Layoffs in Hungary

• 14 Mar 2024 5:10 AM

Less than a third of Hungarian employers, 31%, plan new hires in the second quarter, while 22% plan to reduce headcount, according to a survey by recruitment company Manpower covering 525 employers.



Number Of Registered Jobseekers Falls to All-Time Low in Hungary

• 3 Mar 2024 5:16 AM

The number of registered jobseekers in Hungary fell by 10,000 to 235,400 last month, an all-time low for the month of February, the state secretary for employment policy said on Friday, citing data from the National Employment Service (NFSZ).



Mercedes to Hire 3,000 New Personnel in Hungary

• 4 Dec 2023 2:48 PM

Mercedes-Benz Manufacturing Hungary will hire 3,000 workers in Kecskemét in order to fully utilise new production units, CEO Christian Wolff told Portfolio in an interview.