GFM: the number of registered job seekers has never been so low
Despite the war times, in the last 30 years, the number of registered job seekers in Hungary has never been as low as in May this year, the Ministry of Economic Development (GFM) told MTI on Friday.
In the fifth month of the year, only 228,600 were registered, a new all-time low. The most favorable data so far was observed in June 2021, which was further improved by 2,000 in May, and compared to the beginning of 2010, the number of registered jobseekers decreased by more than 430,000, they wrote in the announcement based on the latest data from the National Employment Service.
Even in an economic situation affected by war and sanctions, the government protects families and jobs, prevents recession and breaks down sanctioned inflation. Economic protection measures are working, inflation peaked and started to moderate, the number of jobseekers continued to decrease.
Since 2010, the government has been working on achieving full employment and building a work-based economy. Compared to 2010, there are 1 million more people working in Hungary today, and the number of employed people exceeds 4.7 million.
As part of the Workforce Support for Enterprises and Work Experience Support programs launched in December last year, more than 20,000 jobseekers have already received applications worth HUF 20 billion. The programs help the jobseekers to find a job as soon as possible, more than 16 thousand people have already found a job with the help of the support programs – read the ministry’s announcement.
Related news
Inflation in Slovakia rose to record levels in July
In Slovakia, annual inflation was 4.4 percent in July, the…
Read more >KSH: industrial production decreased by 4.9 percent in June compared to the same period of the previous year and by 1.2 percent compared to May
In June 2025, the volume of industrial production fell by…
Read more >MBH quick analysis: Industry performance remains subdued
Industry continues to deliver weak figures: in June, industrial production…
Read more >Related news
The Open Days Porta event series will begin next Saturday
The Open Days Porta event series will begin next Saturday…
Read more >Another wave of price increases in poultry markets: the price of chicken breast has increased by 17 percent in one year
The prices of poultry products in Hungary have risen significantly…
Read more >62,700 purchases – all previous records broken at ALDI’s Sziget store
ALDI has set up a pop-up store at the Sziget…
Read more >