The number of employees increased by 21 thousand, we took another step towards reaching the 85 percent activity rate

By: Trademagazin Date: 2024. 01. 26. 10:25

According to the data of the Central Statistical Office (KSH), the number of employees increased to 4.723 million in December 2023, so there are 21 thousand more people working than a year ago.

Commenting on the data, Sándor Czomba, the state secretary responsible for employment policy at the Ministry of National Economy (NGM), highlighted in his statement on Friday that in the last quarter of 2023, the activity rate of the 15-64 age group rose to a higher level than ever before, to 78.5 percent.

The state secretary emphasized that there are 1 million more people working compared to the Gyurcsány era, while the number of registered job seekers is still at a historic low. The government protected families, jobs and announced new employment incentive programs, and thanks to this, the number of workers continued to increase.

He reminded that the activity rate of the 15-64 age group reached 77.6 percent in the fourth quarter of 2022, and 64.2 percent in the last quarter of 2010. In other words, the current record high activity rate represents a serious step towards reaching 85 percent labor market activity.