Hungary's unemployment rate hits record low at 3.3 pct

0 Comment(s)Print E-mail Xinhua, July 30, 2019
Adjust font size:

BUDAPEST, July 29 (Xinhua) -- Hungary's unemployment rate hit a record low of 3.3 percent in April-June, according to figures published here on Monday by the Central Statistical Office (KSH).

Hungary's three-month rolling average jobless rate was 3.3 percent in April-June, down from 3.4 percent in the previous three-month period, the figures showed.

"The unemployment rate in Hungary has never been so low, it fell to a record low of 3.3 percent, meaning that Hungary's unemployment rate is the fourth lowest in the whole European Union, at the same level with Malta," the Ministry of Finance said in a statement.

"The objective of the Hungarian government is to push the unemployment rate under three percent, and to try to help those seeking jobs find them," the ministry added.

The low unemployment figure fell in line with a broader context of a booming Hungarian economy with the latest gross domestic product (GDP) growth also hitting a record 5.3 percent in the first quarter of 2019.

The second-quarter GDP figures will be published on Aug. 14. Enditem

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from