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Hungary: unemployment rate decreasing to 3.3% at end 2019

Last year rate at 3.4%, -0.3% compared to 2018

29 January, 15:58
(ANSA) - BELGRADE, JANUARY 29 - The average number of unemployed people in Hungary was 155,000 and the unemployment rate 3.3% in the period October-December 2019, the Hungarian Central Statistical Office (KSH) said in a statement today.

In 2019, the unemployment rate was 3.4%, 0.3 percentage point lower than in the previous year, the KSH added. Last year, the average duration of unemployment was 12.8 months, with 34.5% of unemployed people searching for a job for 12 months or longer, KSH informed. The unemployment rate in Hungary is constantly falling in the last years, KSH data show. At the beginning of 2013, the unemployment rate reached 11.6%. (ANSA).

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