The Hungarian Labour Market Yearbooks series was launched in 2000 with the support of the National Employment Non-Profit Public Company Ltd. The yearbook presents the main characteristics of Hungarian employment policy and features an indepth analysis of a topical issue each year. The editorial board has striven from the beginning to provide up-to-date results of labour market research and useful information on the Hungarian labour market tendencies as well as the legislative and institutional background of the employment policy for the GO and NGO organizations of the public employment services, the local governments, the public administration, educational and research organisations and – last but not least – for both the press and the electronic media. This year we have also created a clearly structured and easily accessible volume that presents the main characteristics and trends of the Hungarian labour market on the basis of available statistics, theoretical research and empirical analysis. Continuing our previous editorial practice, we selected an area that we consider especially important for the effectiveness of Hungarian employment policy: the impact evaluation of active labour market policies.