Hungary's Unemployment Rate Unchanged in October
In the period of August to October, Hungarian jobless rate remained unchanged from the previous period and was recorded at 9.8 percent.
The number of unemployed people was 434 thousand, 29 thousand fewer than in the same period of 2012, the unemployment rate decreased by 0.7 percentage point to 9.8 percent. The number of unemployed women was 199 thousand, their unemployment rate was 9.8 percent, 0.6 percentage point lower than a year earlier. The number of unemployed men stood at 234 thousand, their jobless rate was 9.8 percent, 0.8 percentage point lower when compared with the same period last year.
11/27/2013 9:13:06 AM
Hungary Unemployment Rate Continues to Decrease
In July-September, Hungary’s jobless rate stood at 9.8 percent, down from 9.9 percent in the previous month and 10.4 percent a year ago.
Published on 2013-10-29
Hungary Unemployment Rate Under 10% for First Time In 4 Years
Hungary’s jobless rate sank below 10 percent for the first time in 48 months during August of 2013. Unemployment dropped to 9.9 percent, down from 10.10 percent in July and 10.4 percent a year ago.
Published on 2013-09-27
55.5 percent of unemployed people had been searching for a job for one year or more. The average duration of unemployment was 19.6 months.
In August–October 2013, the number of employed people was 3,992 thousand, 57 thousand more than a year ago.
The employment rate of people aged 15–74 increased by 0.8 percentage points and stood at 52.3 percent.
Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.