41 thousand more people in work than a year earlier
In the period of August–October 2017, the average number of employed people was 4,445 thousand, 41 thousand more than a year earlier. The employment rate of people aged 15–64 increased to 68.7%. The employment indicator of men improved to a greater extent than that of women.
In August–October 2017, compared to a year before:
The number of employed people increased by 0.9% to 4,445 thousand. The increment in the domestic primary labour market was 84 thousand, while the number of people declaring to work in public employment decreased by 34 thousand and that of those working at local units abroad by 10 thousand.
Number of employed people aged 15–74, August–October 2017
| Denomination | Number, thousand persons | Change in headcounta) | |
|---|---|---|---|
| thousand persons | % | ||
| Work in the domestic primary labour market | 4 152.7 | 84.4 | 2.1 |
| Consider themselves public worker | 186.6 | –33.9 | –15.4 |
| Work at local units abroad | 105.8 | –9.6 | –8.4 |
| Total | 4 445.1 | 40.9 | 0.9 |
a) Compared to the same period of the previous year.
4,399 thousand of employed people were aged 15–64, and their employment rate grew by 1.4 percentage points to 68.7%. The number of the employed among men aged 15–64 increased by 1.7% to 2,405 thousand, and their employment rate rose by 2.0 percentage points to 75.9%. Regarding 15–64 year-old women, the number of the employed did not change, it was 1,993 thousand, while their employment rate – due to demographic changes – grew by 0.7 percentage point to 61.7%.
Among young people aged 15–24 years, the number of the employed was 306 thousand, and the employment rate was 29.4%. The number of employed people increased in the ‘best working age’, i.e. the 25–54 age group, as well as their employment rate by 1.3 percentage points to 84.1%. As to the older, 55–64 age group, the number of the employed was essentially stagnant, while their employment rate grew by 1.3 percentage points to 52.3%.
The employment rate of people aged 20–64 – the coverage regarding the development of employment objectives defined in the Europe 2020 Strategy – grew by 1.5 percentage points to 73.8%. The European Union targeted to raise the average employment rate to 75% by 2020; in Hungary, the employment rate of this age group is currently 81.7% for men and 66.2% for women.
Employment among 15–64 year-olds by age groups, August–October 2017
| Age group, year-old | Number | Employment rate | ||
|---|---|---|---|---|
| thousand persons | change, thousand personsa) | % | change, percentage pointa) | |
| 15–24 | 305.6 | –4.2 | 29.4 | 0.3 |
| 25–54 | 3 407.4 | 45.2 | 84.1 | 1.3 |
| 55–64 | 685.7 | –0.2 | 52.3 | 1.3 |
| Total | 4 398.7 | 40.8 | 68.7 | 1.4 |
| Of which: 20–64 | 4 371.9 | 40.3 | 73.8 | 1.5 |
a) Compared to the same period of the previous year.