2009.07.29. 08:11
Hungary's jobless rate 9.6 pc in April-June
Budapest - Hungary's three-month rolling jobless rate eased to 9.6 in percent in the April-June period from 9.8 percent in the previous three months, the Central Statistical Office (KSH) said on Wednesday.
In the same period last year, the unemployment rate was 7.7 percent.
The jobless number dropped to 401,700 in April-June from 409,700 in March-May. The number of employed totalled 3.797 million, down from 3.868 million a year earlier, KSH said.
The jobless rate fluctuated between 7.5-7.8 percent for much 2008, but started to rise sharply in the fourth quarter, hitting its peak of 9.9 percent in February-April on the back of the financial and economic crisis.