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Number of Registered Jobseekers in Hungary Increases by 27% in April

MTI-Hungary Today 2020.05.21.

The number of registered jobseekers in Hungary rose by an annual 69,000, or 26.5 percent, to 330,700 in April, data published on the website of the National Employment Office (NFSZ) show.

The number of registered jobseekers with only a primary school education increased to 129,500 during the month and made up 39 percent of the total.

Almost 23 percent of jobseekers were aged 55 years or older.

The NFSZ said 22.6 percent of the total, or around 74,700 people, had been seeking work for more than one year. The ratio was up 8.4 percentage points from a year earlier.

Around 178,400 jobseekers, or 61.8 percent of the total, were eligible for some kind of unemployment or social support during the month.

Finance ministry: EC country-specific recommendations put Hungary unemployment rate below EU average

The European Commission’s draft of country-specific recommendations for Hungary published on Wednesday puts the country’s 2020 unemployment rate below the European Union average, citing favourable employment trends, the Finance Ministry has said.

Whereas the EC sees the EU’s jobless rate rising to 9 percent this year from 6.7 percent in 2019, Hungary is projected to see a lower unemployment rate thanks to positive developments seen in this area in recent years, it said. The commission also acknowledged improvements in Hungary’s overall poverty situation and welcomed ongoing investments in the digitalisation of education, the Finance Ministry said.

Featured photo illustration by Zsolt Szigetváry/MTI