Hungary June To August Unemployment Rate Rises

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Monday, Hungary's Central Statistical Office announced that the unemployment rate stood at 9.9% in the June to August period, up from 9.7% in the May to July period. The unemployment rate came in line with economists' expectations.

For the June to August period, the number of unemployed persons totaled 418,800, larger than the 407,200 persons in the May to July period. The number of employed persons decreased to 3.80 million from 3.81 million.

At the same time, the labor force participation rate stood at 54.9, slightly up from 54.8 in the May to July period.

Monday, Hungary's Central Statistical Office announced that the unemployment rate stood at 9.9% in the June to August period, up from 9.7% in the May to July period. The unemployment rate came in line with economists' expectations. (Market News Provided by RTTNews)