Unemployment rate at 3.9%
In April 2023, the number of unemployed persons1 was 190 thousand and the unemployment rate was 3.9%2.
February–April 2023 compared to a year before:
In the February–April 2023 period, the number of unemployed persons aged 15–74 increased by 27 thousand to 197 thousand, while their unemployment rate rose by 0.5 percentage points to 4.0%. Among males, the number of unemployed persons was 106 thousand, and their unemployment rate was up by 0.4 percentage points to 4.1%. Among females, the number of unemployed people was 91 thousand, and their unemployment rate rose by 0.7 percentage points to 4.0%.
The number of unemployed people aged 15–24 years was 34 thousand, with an unemployment rate of 11.1%. This age group accounted for 17.2% of all unemployed. The unemployment rate for the 25–54 age group rose by 0.7 percentage points to 3.7%, while that for the 55–74 age group decreased by 0.2 percentage points to 2.9%.
The average duration of job search was 9.4 months, and 33.8% of the unemployed had been looking for a job for at least a year.
Unemployment among 15–74-year-olds* by age group, February–April 2023
| Age group, year–olds | Number | Unemployment rate | ||
|---|---|---|---|---|
| thousand persons | change, thousand personsa) | % | change, percentage pointsa) | |
| 15–24 | 33.9 | 4.0 | 11.1 | 1.0 |
| 25–54 | 136.5 | 23.4 | 3.7 | 0.7 |
| 55–74 | 26.9 | –0.4 | 2.9 | –0.2 |
| Total | 197.2 | 27.0 | 4.0 | 0.5 |
* 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 April 2023, 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 2.6% to 235 thousand.