Employment in Hungary well below EU average

Only 57 percent of Hungary's 15-64-year-olds are working, well below the European Union average of 64 percent.

 It
noted that in 1989 5.4 million Hungarians were on the workforce
compared to today's 3.9 million. The government has 400,000 people
registered as jobless.
Gyorgy Vadasz, co-chair of the Hungarian
Industrial Association said he believed there were about 600,000
people working in the clandestine economy. Many people who found
themselves out of work years ago did not have the skills to find new
jobs and, it added, the education system is still not adjusted to
labour market demands, reproducing that unemployment.