Unemployment rate at 3.8%
In November 2022, the number of unemployed persons1 was 187 thousand and the unemployment rate was 3.8%2.
In September–November 2022, compared to a year before:
The number of unemployed persons aged 15–74 years increased by 7 thousand to 184 thousand and their unemployment rate by 0.1 percentage point to 3.8%. Among males, the number of unemployed persons was 98 thousand, and the unemployment rate was up by 0.4 percentage point to 3.8%. Among females, the number of unemployed people was 86 thousand, and the unemployment rate fell by 0.2 percentage points to 3.8%.
The number of unemployed people aged 15–24 years fell to 34 thousand and their unemployment rate by 1.0 percentage points to 10.9%, however, they accounted for 18.5% of total unemployment. The unemployment rate of the 25–54 age group rose by 0.2 percentage points to 3.4%, while that of the 55–74-year-olds was up slightly (by 0.1 percentage points) to 2.8%.
The average time spent looking for a job was 9.0 months, and 31.0% of the unemployed had been looking for a job for at least a year.
Unemployment among 15–74-year-olds* by age group, September–November 2022
| Age group, year–olds | Number | Unemployment rate | ||
|---|---|---|---|---|
| thousand persons | change, thousand personsa) | % | change, percentage pointsa) | |
| 15–24 | 34.0 | –2.9 | 10.9 | –1.0 |
| 25–54 | 124.9 | 7.6 | 3.4 | 0.2 |
| 55–74 | 24.9 | 2.0 | 2.8 | 0.1 |
| Total | 183.8 | 6.8 | 3.8 | 0.1 |
* The data of 15–64-year-olds are available in Table 20.2.1.3 among Summary tables (STADAT).
a) Compared to the same period of the previous year.
At the end of November 2022, compared to a year earlier:
According to the administrative data of the National Employment Service (https://nfsz.munka.hu/), the number of registered jobseekers decreased by 3.6% to 234 thousand.