Hungarian Conservative

Since 2017, the increase in the number of people employed in the high-tech sector has been larger than the increase in the number of people employed, and their share has also grown. This is the period when we were propelled into the EU lead. While in 2017 we were 0.9 percentage points above the EU average, by 2021 our lead had increased to 1.6 percentage points. During this time, the number of people working in the sector increased by a third to 300,000.

Based on the latest data, nearly 4.8 million people are employed in Hungary, and the unemployment rate stands at 3.8 per cent, well below the EU average. The data reflects that the Hungarian labour market remains tight, and employment is in good condition, State Secretary Sándor Czomba stated.

Since 2010, the government has been working towards achieving full employment and building a labour-based economy. Compared to 2010, one million more people are now employed in Hungary, and the number of those employed is steadily approaching 4.8 million.

The Hungarian economy performed exceptionally well in 2022, despite the economic crisis caused by the war and the harmful sanctions imposed by Brussels.