Eurostat: Hungarians poorer but better educated in 2012

October 30, 2013

The European Union made little progress last year towards attaining 2020 goals with regard to employment and poverty reduction according to statistics published by Eurostat on Tuesday.

In 2012 the number of people either working or actively looking for a job within the European Union decreased 0.1 per cent to 68.5 per cent.  The goal set for 2020 is 75 per cent.  The number of those suffering from serious material deprivation increased 17.5 per cent from 43.42 million to 51.01 million.

According to Eurostat the percentage of Hungarians active in the work force increased from 60.7 per cent in 2011 to 62.1 per cent in 2012.  At the same time the number of Hungarians threatened with poverty or social exclusion increased from 3.051 million to 3.188 million and those suffering from serious material deprivation increased from 2.278 million to 2.527 million, or 25.7 per cent of the population.

The good news is that Hungary is on track to reach its 2020 target of 30.3 per cent of the population having at least one university degree.  Last year the number of diploma holders among 30-34 year old Hungarians increased from 28.1 per cent to 29.9 per cent.

Referenced in this article:

Európa 2020: Alig kerültek közelebb a kitűzött célok,, 29 October 2013