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Employment Rate at Historic High at Over 4 Million

2024. január 23.

HUNGARY today

The employment rate in Hungary remains at a historic high, with 4.755 million people employed in the autumn months of last year, reports Magyar Nemzet.

This marks a substantial increase on both an annual and quarterly basis, indicating a robust employment situation in the Hungarian economy. However, the rise in activity has also led to an uptick in the unemployment rate to 4.3 percent. While not particularly high, this rate suggests that there are still reserves in the Hungarian labor market that are challenging to exploit.

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