Hungary - Jobless rate unchanged, participation rate outstanding
29 August 2011
The number of employed people in Hungary was 3.832 million in the May-July period of 2011, some 42,700 more than in the base period, and also up by some 27,800 from the last quarter of 2010. The rate of unemployment, however, remained unchanged at 10.8% in May-July (463,200) compared to the second quarter, the Central Statistics Office (KSH) has reported. What is outstanding in the statistics is that the participation rate of the population aged 15-74 rose to 56%, which has been unprecedented at least since 2001. Read more at Portfolio.hu.
