Employment Rate in Hungary increased to 60.37 percent in August from 60.31 percent in July of 2018. Employment Rate in Hungary averaged 52.67 percent from 2006 until 2018, reaching an all time high of 68.70 percent in February of 2018 and a record low of 47.98 percent in February of 2010.

Employment Rate in Hungary is expected to be 60.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Hungary to stand at 60.50 in 12 months time. In the long-term, the Hungary Employment Rate is projected to trend around 60.50 percent in 2020, according to our econometric models.

Hungary Employment Rate
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Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.70 11.80 3.60 percent [+]
Employed Persons 4486797.00 4483561.00 4486797.00 3678730.00 [+]
Unemployed Persons 178243.00 173125.00 506520.00 165147.00 [+]
Long Term Unemployment Rate 1.40 1.60 5.70 1.40 percent [+]
Youth Unemployment Rate 10.00 9.70 29.40 9.40 percent [+]
Labour Costs 124.30 130.00 130.00 32.00 Index Points [+]
Job Vacancies 83611.00 79428.00 83611.00 21130.00 [+]
Wages 321172.00 326724.00 340559.00 60268.00 HUF/Month [+]
Wage Growth 10.10 12.80 26.19 -5.30 percent [+]
Minimum Wages 418.47 444.69 444.69 89.15 EUR/Month [+]
Population 9.78 9.80 10.71 9.21 Million [+]
Retirement Age Women 63.50 63.50 63.50 59.00 [+]
Retirement Age Men 63.50 63.50 63.50 60.00 [+]
Labor Force Participation Rate 62.77 62.64 62.77 53.84 percent [+]
Living Wage Family 221500.00 212300.00 221500.00 202500.00 HUF/Month [+]
Living Wage Individual 144800.00 135900.00 144800.00 127200.00 HUF/Month [+]
Part Time Employment 185.20 179.60 265.20 111.90 Thousand [+]
Productivity 104.60 98.00 119.00 59.70 Index Points [+]
Wages High Skilled 281600.00 246400.00 281600.00 218900.00 HUF/Month [+]
Wages Low Skilled 140400.00 120700.00 140400.00 109400.00 HUF/Month [+]
Employment Change 0.50 0.70 2.70 -1.40 percent [+]
Employment Rate 60.37 60.31 68.70 47.98 percent [+]
Full Time Employment 4233.10 4202.70 4233.10 3150.50 Thousand [+]


Hungary Employment Rate

In Hungary, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Hungary Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Employment Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
60.37 60.31 68.70 47.98 2006 - 2018 percent Monthly
NSA




Country Last
Mexico 96.40 Sep/18
Switzerland 79.90 Jun/18
Netherlands 77.00 Jun/18
United Kingdom 75.50 Aug/18
Germany 75.40 Jun/18
France 65.90 Sep/18
Spain 64.01 Sep/18
Australia 62.20 Sep/18
Canada 61.50 Oct/18
South Korea 61.20 Oct/18
United States 60.60 Oct/18
Japan 60.50 Sep/18
Russia 60.30 Sep/18
Italy 58.80 Sep/18
Brazil 54.40 Sep/18
Turkey 47.60 Aug/18
South Africa 43.10 Sep/18
Argentina 41.90 Jun/18


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