Number of jobseekers falls to 238,700 in December

The number of registered jobseekers in Hungary fell to 238,700 in December, state secretary Tamas Schanda said on Tuesday. The number is the lowest in the past 30 years, with the exception of that reached in December 2019, Schanda told MTI in a statement. It went down by 52,000 from December last year and was almost 138,000 lower than last summer when the number of jobseekers peaked during the coronavirus crisis, he said. "Hungary's employment is breaking records, with about 4.7 million people having a job which is the highest number since the regime change. The unemployment rate since 2010 has dropped by a third and is one of the lowest in Europe," Schanda said.