Hungary: Labour Market Reaches a Peak

2019. január 30.

ING Think

The unemployment rate of the 15–64 age group decreased to 3.6% in December 2018, marking a roughly 0.2 percentage point drop compared to the end of 2017. If we adjust the time series for seasonality, the unemployment rate practically remained unchanged in the second half of last year. The number of employed people is still above 4.4 million, a touch below its record high, showing a 0.4% year-on-year increase. Details