Hungary July To Sept. Jobless Rate Rises

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Thursday, the Hungarian Central Statistical Office announced that the jobless rate stood at 10.3% in the July to September period, up from 9.9% in the June to August period. Economists expected the jobless rate to be 10.1%. A year ago, unemployment rate was 7.7%.

In the July to September period, the number of unemployed totaled 436 thousand persons, larger than the 418 thousand persons in the June to August period.

During the period, the number of employed persons decreased to 3.78 million from 3.80 million in the June to August period.

Meanwhile, the employment participation rate remained unchanged at 54.9% in the July to September period.

Thursday, the Hungarian Central Statistical Office announced that the jobless rate stood at 10.3% in the July to September period, up from 9.9% in the June to August period. Economists expected the jobless rate to be 10.1%. A year ago, unemployment rate was 7.7%. (Market News Provided by RTTNews)