Unemployment rate was 3.7%
In the period of November 2018–January 2019, the average number of unemployed people was 170 thousand, and the unemployment rate was 3.7%. Among men, the unemployment increased, but the indicators of women improved.
In November 2018–January 2019, compared to a year before:
The number of the unemployed among 15–74 year-old men increased by 13 thousand to 96 thousand and the unemployment rate grew by 0.4 percentage point to 3.8%. However, regarding women, the number of the unemployed declined by 17 thousand to 73 thousand, and the unemployment rate by 0.8 percentage point to 3.5%.
Among people aged 15–24, the number of the unemployed grew to 38 thousand and their unemployment rate to 11.4%. More than one-fifth of the unemployed belonged to this age group. The unemployment rate of the age group 25–54, i.e. persons belonging to the ‘best working age’, was 3.2%, and that of people aged 55–74 was 2.4%. The changes remained within the limits of sampling error for all of these three age groups.
The average duration of unemployment was 14.2 months; 39.0% of unemployed people had been searching for a job for one year or more, i.e. were long-term unemployed.
At the end of January 2019, compared to a year earlier:
According to the administrative data of the National Employment Service (https://nfsz.munka.hu/), the total number of registered jobseekers decreased by 4.9% to 254 thousand.
Unemployment among 15–74* year-olds by age groups, November 2018–January 2019
| Age group, year-old | Number | Unemployment rate | ||
|---|---|---|---|---|
| thousand persons | change, thousand personsa) | % | change, percentage pointa) | |
| 15–24 | 37.8 | 2.9 | 11.4 | 0.8 |
| 25–54 | 112.8 | –7.8 | 3.2 | –0.2 |
| 55–74 | 19.2 | 1.0 | 2.4 | 0.1 |
| Total | 169.8 | –3.9 | 3.7 | –0.1 |
* Data of the 15–64 age group are available (2.1.0.2. STADAT-table).
a) Compared to the same period of the previous year.