Hungary's jobless rate fell to 3.3 in the three months to December 2019 from 3.6 percent in the corresponding period of last year, as the number of unemployed people dropped by 12 thousand to 155.2 thousand. Considering 2019 as a whole, the jobless rate was at 3.4 percent, 0.3 percentage point lower than in 2018. Hungary Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Unemployment Rate in Hungary averaged 7.20 percent from 1999 until 2019, reaching an all time high of 11.80 percent in March of 2010 and a record low of 3.30 percent in June of 2019. 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. source: Hungarian Central Statistical Office
Unemployment Rate in Hungary is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Hungary to stand at 3.50 in 12 months time. In the long-term, the Hungary Unemployment Rate is projected to trend around 3.40 percent in 2021, according to our econometric models.