Tuesday, a report by the Hungarian Central Statistical Office said the jobless rate climbed to 9.7% in the January to March period from 9.1% in the December to February period. The jobless rate has been rising continuously since the September to November period.
During the three months ended March, the number of unemployed increased to 402,800 from 377,700 in the previous three-month period.
Meanwhile, the number of employed decreased to 3.76 million in the January to March period from 3.78 million in the preceding three-month period. The employment rate moved down to 48.9% from 49.2%.
In the January-March period, there were 4.166 million economically active persons, almost unchanged from the 4.167 million persons in the preceding three-month period. The participation rate remained unchanged at 54.1%.
For comments and feedback: contact firstname.lastname@example.org