Hungarian Labour Market Participation Improves

2021. november 02.

ING Think

With improving participation, employment is also increasing, but frictions remain, keeping unemployment unchanged. The Hungarian Central Statistical Office (HCSO) released the latest labour market statistics, which suggest stability. The unemployment rate remained at 4% in September, a level it has been fluctuating around for five months. The number of unemployed people has also been rigid, hovering around 195,000.