20 years of Hungary in the EU: how has employment changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country has changed during our 20-year EU membership. The subject of our present article is the change in employment.
In Hungary in 2004, the employment rate in the 15-64 age group was 56.8%. This has risen to 74.4% by 2022, which means an outstanding increase of 17.6 percentage points. However, the change in the employment level was not uniform: between 2004 and 2010, it essentially stood at 57%, and then began to rise rapidly from the beginning of the 2010s. In 2020, there was a very slight decrease (much lower than the EU average) due to layoffs due to the coronavirus crisis, but after that the indicator started to rise again.
Related news
The European Union’s regulation on artificial intelligence has been announced
Today, the EU Regulation on Artificial Intelligence (“AI Regulation”) was…
Read more >Synthetic compounds in our food? The Association of Conscious Buyers is the domestic partner of an important EU project
ToxFree Life for All is the EU’s newly launched awareness…
Read more >A complaint was filed against Chinese honey in the EU
With the professional support of the Ministry of Agriculture (AM),…
Read more >Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Private brands make record gains in first half of year
Private label products reached new heights in the first half…
Read more >Müller updates packaging to increase accessibility for blind shoppers
Müller is updating the packaging of all branded products with…
Read more >