The number of job seekers is constantly declining

By: Trademagazin editor Date: 2020. 10. 27. 16:04

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Thanks to government measures, the number of jobseekers is steadily declining, falling to close to 300,000 in recent days, the Secretary of State for Employment Policy of the Ministry of Innovation and Technology said at a press conference in Budapest on Tuesday.

Bodó Sándor emphasized that the health emergency due to the coronavirus pandemic posed an unprecedented challenge to the Hungarian labor market.

At the same time, employment data show an increasingly positive picture, he added.

According to the records of the National Employment Service, the figure of 300,000 in October was 70,000 less than the mid-June low. According to the latest data, the number of unemployed has been steadily declining for 19 weeks. By October, the number of registered jobseekers had dropped to 306,000, a decrease of 5.3 percent from the September figure, the secretary of state said. (MTI)