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HUNGARY JOBLESS RATE EDGES UP TO 3.7% IN MARCH

 

Hungary’s three-month rolling average jobless rate was 3.7% in Jan-March, up 0.2 of a percentage point from the previous three-month period, the Central Statistical Office (KSH) said. The rate which covers 15-74 year-olds was 0.1 of a percentage point higher than twelve months earlier. In absolute terms, there were 173,000 unemployed, 9,300 more than in the previous month and 7,300 more than the same period a year earlier. KSH noted that the coronavirus outbreak had an impact only on the tail end of the period. It added that 56,000 people lost their jobs in March alone.