Employment Rate Hit New High

The number of people in employment hit the highest level since 1990

MH – 2017.01.05. 18:06 –

Since the beginning of the democratic Hungary, the number of working people has not been so high in Hungary, and the largest job growth was observed in the private sector, State Secretary Peter Cseresnyes announced Thursday.

Mr Cseresnyes commented KSH's latest data on employment rate. According to KSH, 4 mln 414000 people were employed in the period September–November 2016, up by 705000 compared to the corresponding period of 2010. The employment rate has improved from 54.6 percent in 2010 to 67.5 percent, and thus the Hungarian indicator beats the EU average, he added.