KSH: employment remained at a 68.8 percent record level
In the fourth quarter of last year, the average number of employees was 4 million 447 thousand, 36 thousand ie 0.8 percent more than a year before. The employment rate for people aged 15-64 grew by 1.3 percentage points to 68.8 percent in one year – the Central Statistical Office (KSH) said on Tuesday.
The employment rate remained unchanged, compared to the peak reached in the previous three month period.
Over the past year, the average number of people employed was 4 million 421 thousand, which was 70,000 more than in 2016. The employment rate for the 15-64 age group – still record-level – was 68.2 percent, 1.6 percentage points higher than in the previous year.
In the fourth quarter of 2017, the number of people on the primary labor market grew by 88,000, the number of those who reported themselves as public employees increased by 39,000, and the number of people working in foreign sites decreased by 13,000, compared to a year before.
Related news
KSH: food industry sales prices increased by 6.2 percent
In March 2025, industrial producer prices were 7.3 percent higher…
Read more >KSH: in March, the number of guests was 1.1 percent lower and guest nights were 5.9 percent lower than a year earlier
In March 2025, 1.1 million guests spent nearly 2.7 million…
Read more >Stable labor market awaits the effects of tariffs
In March, the number of employed persons among the working-age…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >The Hungarian Food Bank Association is organizing a record-sized food collection on Friday and Saturday
At the Friday and Saturday fundraiser organized by the Hungarian…
Read more >Ice cream ferry and battle of Balaton flavors – the Balaton Fagyija election is coming
On May 9th, not only will the ferry between Tihany…
Read more >