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Jobless rate steady at 4.4 percent in April

Hungary's jobless rate stood at 4.4 percent in April, unchanged from March and climbing from 3.9 percent twelve months earlier, the Central Statistical Office (KSH) said on Friday.

The rate covers unemployment among people between the ages of 15 and 74.

In absolute terms, there were 217,300 unemployed in April, 100 more than in March and 27,200 more than twelve months earlier.

The rolling three-month average jobless rate stood at 4.5 percent in April, down from 4.6 percent in March and up from 4.0 percent twelve months earlier.

The monthly jobless rate for the 15-64 age group stood at 4.5 percent in April, edging up from 4.4 percent in March and up from 3.9 percent a year earlier.

KSH uses the International Labour Organisation (ILO) definition of jobless which includes people who are without work, people who carried out activities to seek employment in the previous past four weeks, and people who did not look for work but made arrangements for a future job start within two weeks.

KSH noted that data from the National Employment Service (NFSZ) show there were 231,000 registered jobseekers at the end of April, down 2.1 percent from twelve months earlier.

The number of economically active people in the age group stood at 4,966,300, giving Hungary an activity rate of 68.1 percent.

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