Employment Rate in Hungary increased to 63.78 percent in June from 62.59 percent in May of 2021. source: Hungarian Central Statistical Office

Employment Rate in Hungary averaged 55.54 percent from 2006 until 2021, reaching an all time high of 63.78 percent in June of 2021 and a record low of 49.49 percent in December of 2008. This page provides - Hungary Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Employment Rate - values, historical data and charts - was last updated on September of 2021.

Employment Rate in Hungary is expected to be 60.54 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Employment Rate is projected to trend around 60.54 percent in 2022, according to our econometric models.

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Hungary Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
63.78 62.59 63.78 49.49 2006 - 2021 percent Monthly
NSA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.10 11.80 3.30 percent [+]
Employed Persons 4691904.00 4606514.00 4691904.00 3678730.00 [+]
Unemployed Persons 193486.00 189371.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 1.10 1.30 5.70 0.90 percent [+]
Youth Unemployment Rate 16.80 13.50 30.10 8.30 percent [+]
Labour Costs 141.10 149.90 149.90 30.70 points [+]
Job Vacancies 62535.00 61573.00 87665.00 21130.00 [+]
Wages 423621.00 419073.00 449442.00 60268.00 HUF/Month [+]
Wage Growth 3.70 8.50 26.19 -5.30 percent [+]
Minimum Wages 476.00 442.44 487.10 89.15 EUR/Month [+]
Population 9.77 9.77 10.71 9.21 Million [+]
Retirement Age Women 64.50 64.00 64.50 59.00 [+]
Retirement Age Men 64.50 64.00 64.50 60.00 [+]
Part Time Employment 210.40 213.80 265.20 111.90 Thousand [+]
Labor Force Participation Rate 66.41 65.16 66.41 53.84 percent [+]
Productivity 113.20 112.50 113.20 62.20 points [+]
Employment Change 1.10 1.10 2.10 -4.50 percent [+]
Employment Rate 63.78 62.59 63.78 49.49 percent [+]
Full Time Employment 4314.00 4262.50 4314.00 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.