Beveridge Curves of Three Hungarian Counties with the Highest Public Employment Rates

Abstract

In the study, we use the Beveridge curve to examine the labor market processes in Hungary, and in three selected counties, in recent years. The counties were selected on the basis of the highest public employment rates in 2019. The subjects of our further labor market analyzes were Borsod-Abaúj-Zemplén, Szabolcs-Szatmár-Bereg and Békés counties. For the counties, the curves were made using two methods for the period 2013-2019, first the unemployment rate for the working age population (15-64 years) and then the public employment indicator were compared with the job vacancy rate. In the course of the research, we examined the relationship between the unemployment rate and the public employment indicator in the selected counties. To examine the correlation, Pearson's correlation analysis was performed. With the correlation calculation, we were able to get an answer to the strength of the relationship between the variables (in our case, the two labor market indicators). In connection with the coefficient, we examined the percentage by which one criterion explains the variance of the other criterion using a coefficient of determination.