Hungary Retirement Age - Men  Forecast


Hungary Retirement Age - Men
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Retirement Age Men in Hungary is expected to be 62.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Retirement Age - Men is projected to trend around 62.50 in 2020, according to our econometric models.


Hungary Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4 4.2 4.3 4.4 4.4 5
Employed Persons 4445052 4421132 4418314 4419008 4413557 4379815
Unemployed Persons 183458 183125 188318 190057 192430 212322
Long Term Unemployment Rate 1.8 1.79 1.84 1.91 1.99 2.93
Youth Unemployment Rate 10.8 10.67 10.79 10.94 11.09 12.25
Labour Costs 111 115 120 120 116 117
Job Vacancies 73713 64663 63046 62251 61507 56199
Wages 292944 292158 292141 291457 291004 286699
Wage Growth 13.6 14 12 9.8 5.1 2.8
Minimum Wages 412 364 425 439 440 400
Population 9.8 9.8 9.76 9.76 9.76 9.73
Retirement Age Women 62.5 62.5 62.5 62.5 62 62.5
Retirement Age Men 62.5 62.5 62.5 62.5 62 62.5
Labor Force Participation Rate 62.14 61.85 61.83 61.82 61.77 61.44
Living Wage Family 239100 226817 226868 226894 226920 226500
Living Wage Individual 164300 153176 153587 153792 153998 151109
Part Time Employment 190 188 187 187 186 182
Productivity 108 111 95.97 100 103 107
Wages High Skilled 272000 236186 235857 235692 235528 236075
Wages Low Skilled 137900 118631 119002 119187 119373 118751
Employment Change 0.3 0.28 0.23 0.21 0.17 0.12
Employment Rate 59.68 59.37 59.28 59.29 59.23 58.75
Full Time Employment 4181 4114 4105 4099 4091 4026