Long Term Unemployment Rate in Hungary decreased to 1.40 percent in the second quarter of 2018 from 1.60 percent in the first quarter of 2018. Long Term Unemployment Rate in Hungary averaged 3.46 percent from 1996 until 2018, reaching an all time high of 5.70 percent in the third quarter of 2010 and a record low of 1.40 percent in the second quarter of 2018.

Long Term Unemployment Rate in Hungary is expected to be 1.34 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Hungary to stand at 1.26 in 12 months time. In the long-term, the Hungary Long Term Unemployment Rate is projected to trend around 1.22 percent in 2020, according to our econometric models.

Hungary Long Term Unemployment 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 Long Term Unemployment Rate

In Hungary, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Hungary Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Long Term Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.60 5.70 1.40 1996 - 2018 percent Quarterly




Country Last
Spain 6.60 Jun/18
Italy 6.40 Jun/18
Euro Area 3.90 Jun/18
France 3.40 Sep/18
Turkey 2.30 Jun/18
Switzerland 1.80 Jun/18
Netherlands 1.60 Jun/18
Germany 1.40 Jun/18
United Kingdom 1.00 Jun/18
United States 0.84 Oct/18


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