Unemployment rate was 3.6%
In the period of December 2018–February 2019, the average number of unemployed people was 168 thousand, and the unemployment rate was 3.6%. Among men, the unemployment increased, but the indicators of women improved.
In December 2018–February 2019, compared to a year before:
The number of the unemployed among 15–74 year-old men increased to 93 thousand and the unemployment rate grew to 3.6%. However, regarding women, the number of the unemployed declined by 15 thousand to 76 thousand, and the unemployment rate by 0.7 percentage point to 3.6%.
Among people aged 15–24, the number of the unemployed grew to 39 thousand and their unemployment rate to 11.8%. Nearly one-fourth 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 3.1%, and that of people aged 55–74 was 2.3%. The changes remained within the limits of sampling error except for the age group 25–54.
The average duration of unemployment was 13.7 months; 37.8% of unemployed people had been searching for a job for one year or more, i.e. were long-term unemployed.
At the end of February 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 266 thousand.
Unemployment among 15–74* year-olds by age groups, December 2018–February 2019
| Age group, year-old | Number | Unemployment rate | ||
|---|---|---|---|---|
| thousand persons | change, thousand personsa) | % | change, percentage pointa) | |
| 15–24 | 39.2 | 3.4 | 11.8 | 0.8 |
| 25–54 | 110.4 | –14.3 | 3.1 | –0.4 |
| 55–74 | 18.5 | 1.3 | 2.3 | 0.1 |
| Total | 168.2 | –9.6 | 3.6 | –0.2 |
* 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.