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Submitted by JP on Fri, 08/27/2021 - 16:45
Hungary Jobless Rate Down to 3.9 % in July

Hungary’s jobless rate was 3.9 percent in July, down from 4 percent in the previous month, the Central Statistical Office (KSH) announced on Friday.

Fot. Brooke Cagle on Unsplash

The three-month moving average used by the KSH as the main indicator shows 197,000 unemployed for the period May-July, the unemployment rate was 4.1 percent. More than one-fifth of all the unemployed came from young people. The unemployment rate for the 25-54 age group fell by 0.6 percentage points to 3.4 per cent, and for the 55-74 age group by 0.5 percentage points to 2.9 per cent.