Analysts: Hungary’s labor market could be close to full employment
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2020/01/foglalkoztatas-nagy.jpg)
The Hungarian economy is close to full employment
According to data published by the Central Statistical Office (KSH) on Thursday, the average number of unemployed in the first quarter of this year was 181,000, and the unemployment rate was 3.7 percent. The number of unemployed people aged 15-74 fell by 34,000, while the unemployment rate fell by 0.8 percentage points in one year. The number of employees in March was 29 thousand more than in the previous month and increased by 81 thousand in one year. In the three-month period of January-March, the average number of employees was 4,674,000, 107,000 more than in the same period of the previous year. (MTI)
Related news
The three-month unemployment rate further decreased
In the three months between April and June 2024, the…
Read more >A new tender supports social enterprises related to agriculture
A new call for tenders for rural development has been…
Read more >According to forecasts, 300,000 people may be missing from the Hungarian labor market by 2030
At a recent conference held by the Employers and Industrialists…
Read more >Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >