Hungary Unemployment Rate  1999-2018 | Data | Chart | Calendar | Forecast

The unemployment rate in Hungary decreased to 3.6 percent in the three months to June of 2018 from 4.3 percent in the same period of the previous year. The number of unemployed people went down by 31.4 thousand from the previous year to 164.9 thousand, while employment rose by 39.8 thousand to 4,418 thousand. Among genders, the jobless rate was lower for men (3.5 percent from 4 percent) than for women (3.7 percent from 4.6 percent). The 15-24 age group registered the highest jobless rate (9.5 percent), followed by the 25-54 age group (3.3 percent) and the 55-74 age group (2.1 percent). Meanwhile, the employment rate increased to 69.3 percent from 69.1 percent and the activity rate also went up to 71.9 percent from 71.1 percent. Unemployment Rate in Hungary averaged 7.48 percent from 1999 until 2018, reaching an all time high of 11.80 percent in March of 2010 and a record low of 3.60 percent in June of 2018.

Hungary Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-29 07:00 AM Unemployment Rate 3.8% 3.9% 3.7%
2018-06-28 07:00 AM Unemployment Rate 3.7% 3.8% 3.7%
2018-07-27 07:00 AM Unemployment Rate 3.6% 3.7% 3.8%
2018-08-29 07:00 AM Unemployment Rate 3.6% 3.8%
2018-09-27 07:00 AM Unemployment Rate 3.9%
2018-10-30 07:00 AM Unemployment Rate 4%


Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.70 11.80 3.60 percent [+]
Employed Persons 4474595.00 4457023.00 4477393.00 3678730.00 [+]
Unemployed Persons 165147.00 170627.00 506520.00 165147.00 [+]
Long Term Unemployment Rate 1.60 1.50 5.70 1.50 percent [+]
Youth Unemployment Rate 9.90 9.40 29.40 9.40 percent [+]
Labour Costs 130.00 115.20 130.00 32.00 Index Points [+]
Job Vacancies 79428.00 73216.00 79428.00 21130.00 [+]
Wages 327486.00 340559.00 340559.00 60268.00 HUF/Month [+]
Wage Growth 10.90 12.60 26.19 -5.30 percent [+]
Minimum Wages 444.69 412.66 444.69 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 62.39 62.23 62.39 53.84 percent [+]
Living Wage Family 239100.00 236000.00 239100.00 198600.00 HUF/Month [+]
Living Wage Individual 164300.00 160700.00 164300.00 124800.00 HUF/Month [+]
Part Time Employment 179.60 191.10 265.20 111.90 Thousand [+]
Productivity 98.00 119.00 119.00 59.70 Index Points [+]
Wages High Skilled 272000.00 228800.00 272000.00 217000.00 HUF/Month [+]
Wages Low Skilled 137900.00 115100.00 137900.00 108800.00 HUF/Month [+]
Employment Change 0.70 0.70 2.70 -1.40 percent [+]
Employment Rate 60.17 59.94 68.70 47.98 percent [+]
Full Time Employment 4202.70 4206.70 4223.80 3150.50 Thousand [+]


Hungary Unemployment Rate

In Hungary, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Hungary Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.70 11.80 3.60 1999 - 2018 percent Monthly




unemployment rate by Country
Country Last
Spain 15.30 Jun/18
Brazil 12.40 Jun/18
Italy 10.90 Jun/18
Turkey 9.70 May/18
France 9.10 Jun/18
Euro Area 8.30 Jun/18
Canada 5.80 Jul/18
Australia 5.30 Jul/18
Indonesia 5.13 Mar/18
Russia 4.70 Jun/18
United Kingdom 4.00 Jun/18
United States 3.90 Jul/18
China 3.83 Jun/18
Netherlands 3.80 Jul/18
South Korea 3.70 Jun/18
India 3.52 Dec/17
Germany 3.40 Jun/18
Mexico 3.40 Jun/18
Japan 2.40 Jun/18
Switzerland 2.40 Jul/18


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