MSzP MP: KSH employment figures “don’t correspond to reality”

Tourism

The Central Statistics Office (KSH) kicked off its year 2014 with today’s release of some basic employment/unemployment figures from January 2008 through November ’13. While the numbers trend positively upward, MSzP MP Sándor Burány reckons that KSH is “cosmeticizing” the statistics. 

Burány was quoted in local news outlet Népszáva as explaining that KSH has recently been buffing up employment statistics, including classes such as illegally-employed workers, the very temporarily employed (“even for one day,” said Burány) and those working in border towns outside of Hungary.

Burány went on to describe the “cosmetic” nature of KSH’s employment rate summary and cited as a counter-example the losses of private sector jobs numbering “several tens of thousands” since 2010. The MP also mentioned without specifics that more and more are working illegally in Hungary.

For what it’s worth, then, key statistics for employment in the September-November 2013 period according to KSH included the following.

• The number of employed people was 4.012 million for the three months, up 87,000 for a 2.2% increase year-on-year;

• of the employed, 3.979 million were 15 to 64 years old, representing an increase of 88,000 y.o.y. and a 1.5% increase in rate to 59.6%;

• employment among 15- to 64-year-old males increased 2.0% y.o.y. to 65.7% while the rate among women was up 1.0% to 53.7%; and

• the number of employed people among KSH’s “prime working age” class, i.e. 25- to 54-year-olds, increased 1.3% y.o.y. to 76.7%.

The expanded tables from KSH show an overall increase in employment among those of working age in Hungary from 49.3% for May-June 2010, the first complete period after the MSzP-KDNP coalition’s sweeping victory in the 2010 parliamentary elections. However, one may wish to heed Burány’s advice and get that grain of salt ready for the taking…

MNB Business Confidence Index Slips in March MNB

MNB Business Confidence Index Slips in March

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Richter Shareholders Approve HUF 423/Share Dividend Pharma

Richter Shareholders Approve HUF 423/Share Dividend

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.