Long Term Unemployment Rate in Hungary increased to 1 percent in the first quarter of 2020 from 0.90 percent in the fourth quarter of 2019.

Long Term Unemployment Rate in Hungary averaged 3.27 percent from 1996 until 2020, reaching an all time high of 5.70 percent in the third quarter of 2010 and a record low of 0.90 percent in the fourth quarter of 2019. This page provides - Hungary Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Long Term Unemployment Rate - values, historical data and charts - was last updated on July of 2020.

Long Term Unemployment Rate in Hungary is expected to be 1.00 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 1.20 in 12 months time. In the long-term, the Hungary Long Term Unemployment Rate is projected to trend around 1.20 percent in 2021 and 0.30 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Hungary Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.90 5.70 0.90 1996 - 2020 percent Quarterly

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 3.80 11.80 3.30 percent [+]
Employed Persons 4403062.00 4435930.00 4520990.00 3678730.00 [+]
Unemployed Persons 190198.00 174086.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 1.00 0.90 5.70 0.90 percent [+]
Youth Unemployment Rate 13.50 11.90 29.30 9.60 percent [+]
Labour Costs 142.10 128.60 142.10 30.60 points [+]
Job Vacancies 58233.00 74824.00 87665.00 21130.00 [+]
Wages 400386.00 377303.00 406388.00 60268.00 HUF/Month [+]
Wage Growth 7.80 9.00 26.19 -5.30 percent [+]
Minimum Wages 464.20 464.20 464.20 89.15 EUR/Month [+]
Population 9.77 9.78 10.71 9.21 Million [+]
Retirement Age Women 64.00 63.50 64.00 59.00 [+]
Retirement Age Men 64.00 63.50 64.00 60.00 [+]
Part Time Employment 206.00 187.20 265.20 111.90 Thousand [+]
Labor Force Participation Rate 62.20 62.59 63.14 53.84 percent [+]
Productivity 109.90 108.80 109.90 62.20 points [+]
Employment Change -0.30 0.10 1.80 -1.30 percent [+]
Employment Rate 59.42 59.85 60.95 47.98 percent [+]
Full Time Employment 4180.40 4250.40 4250.40 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.