Hungary: More People in Work than in 2012

BusinessEconomy ♦ Published: January 29, 2013; 13:27 ♦ (Vindobona)

In the 4th Quarter 2012, the number of employed people was 3,909 thousand, 58 thousand more than a year ago. The employment rate of both men and women improved.

Hungary: More People in Work than in 2012 / Picture: © Wikimedia Commons / The Communist International (based on an artwork by Boris Kustodiev, d. 1927) [Creative Commons CC0 1.0 Universal Public Domain Dedication]

In the observed period, the number of employed people was 3,909 thousand which was 1.5% higher than in the 4th Quarter 2011. The increase was primarily due to the expansion of public employment. The number of employed aged 15–64 grew to 3,874 thousand. Among the observed population, the rate of employed was 57.8% corresponding to a 1.3 percentage points increase…