The unemployment rate in Hungary rose to 4.7% in the July–September 2026 period, up from 4.5% in the corresponding period a year earlier. The number of unemployed individuals increased by 8.4 thousand from a year ago to 229.9 thousand. Of the total unemployed, among men, the unemployment rate stood at 4.5%, with 115.8 thousand unemployed, while the number of unemployed women remained higher at 114.1 thousand, with an unemployment rate of 4.9%. Moreover, the average time spent looking for a job was 11.6 months. Among unemployed individuals, 43.1% had been seeking work for less than three months, while the share looking for work for more than a year increased by 3.3 percentage points to 32.5%. Meanwhile, the number of employed people decreased to 10 thousand year-on-year to 4.669 million. Employment among men reached 2.475 million, while employment among women decreased by 15.0 thousand to 2.194 million. source: Hungarian Central Statistical Office
Unemployment Rate in Hungary decreased to 4.70 percent in September from 4.80 percent in August of 2026. Unemployment Rate in Hungary averaged 6.36 percent from 1999 until 2026, reaching an all time high of 11.60 percent in March of 2012 and a record low of 3.10 percent in December 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. Hungary Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Unemployment Rate in Hungary decreased to 4.70 percent in September from 4.80 percent in August of 2026. Unemployment Rate in Hungary is expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Unemployment Rate is projected to trend around 4.50 percent in 2027 and 4.40 percent in 2028, according to our econometric models.