57 thousand more people in work than a year earlier
In the period of August–October 2018, the average number of employed people was 4,502 thousand, 57 thousand more than a year earlier. The employment rate of people aged 15–64 increased to 69.8%. There was an improvement both among men and women, but men were characterized by a higher level of employment than women.
In August–October 2018, compared to a year before:
The number of employed people increased by 1.3% to 4,502 thousand. The increment in the domestic primary labour market was 109 thousand, while the number of people declaring to work in public employment decreased by 54 thousand, and that of those working at local units abroad changed within the limits of sampling error.
Number of employed people aged 15–74, August–October 2018
| Denomination | Number, thousand persons | Change in headcounta) | |
|---|---|---|---|
| thousand persons | % | ||
| Work in the domestic primary labour market | 4 261.3 | 108.6 | 2.6 |
| Consider themselves public worker | 132.8 | –53.8 | –28.8 |
| Work at local units abroad | 108.0 | 2.3 | 2.1 |
| Total | 4 502.1 | 57.0 | 1.3 |
a) Compared to the same period of the previous year.
4,439 thousand of employed people were aged 15–64, and the employment rate of this age group grew by 1.1 percentage points to 69.8%. The number of the employed among men aged 15–64 increased by 1.1% to 2,431 thousand, and their employment rate rose by 1.1 percentage points to 77.0%. Regarding 15–64 year-old women, the number of the employed grew by 0.7% to 2,008 thousand, and their employment rate by 1.0 percentage point to 62.7%.
Among young people aged 15–24 years, the employment essentially didn’t change, the number of the employed was 306 thousand and the employment rate was 29.9%. In the ‘best working age’, i.e. the age group 25–54 years, the number of employed people increased within the limits of sampling error to 3,426 thousand, and the employment rate remained practically unchanged, 84.2%. In the older, 55–64 age group, the number of the employed increased to 707 thousand, and their employment rate grew by 3.4 percentage points to 55.6%.
The employment rate of people aged 20–64 – the coverage regarding the development of employment objectives defined in the Europe 2020 Strategy – grew by 1.1 percentage points to 74.9%. 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 82.8% for men and 67.2% for women.
Employment among 15–64 year-olds by age groups, August–October 2018
| Age group, year-old | Number | Employment rate | ||
|---|---|---|---|---|
| thousand persons | change, thousand personsa) | % | change, percentage pointa) | |
| 15–24 | 306.1 | 0.5 | 29.9 | 0.5 |
| 25–54 | 3 425.5 | 18.1 | 84.2 | 0.1 |
| 55–64 | 707.3 | 21.6 | 55.6 | 3.4 |
| Total | 4 438.9 | 40.2 | 69.8 | 1.1 |
| Of which: 20–64 | 4 408.3 | 36.3 | 74.9 | 1.1 |
a) Compared to the same period of the previous year.