In light of the latest data, the employment situation has continued to improve in Hungary. In the period May-July 2014, the number of people in employment aged 15-74 years was up by 164 thousand, from 3 million 963 thousand one year ago to 4 million 127 thousand. Accordingly, the employment rate improved from 51.9 percent to 54.3 percent in the same period. The growth of Hungary’s GDP in the second quarter was as much as 3.9 percent, which constitutes the largest increase within the EU28 bloc.

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(Ministry for National Economy)