The unemployment rate in Hungary rose to 4.7% in January-March 2026 from 4.3% the corresponding period a year ago. The number of unemployed individuals increased by 13.6 thousand year-on-year to 226.4 thousand. Of the total unemployed, 121.9 thousand were men, with an unemployment rate of 4.7%, while 104.5 thousand were women, at 4.6%. Moreover, the average time spent looking for a job was 12.2 months, with 35.3% of unemployed having been looking for a job for less than 3 months, while 28.4% for those looking for work for 4-11 months, while the proportion of those looking for work for more than a year remained unchanged at 36.3%. Meanwhile, the number of employed persons decreased by 65 thousand to 4.627 million in the same period of the previous year. Employment among men decreased by 36 thousand, to 2.457 million, while employment among women fell by 29 thousand to 2.170 million. source: Hungarian Central Statistical Office
Unemployment Rate in Hungary decreased to 4.70 percent in March from 4.90 percent in February of 2026. Unemployment Rate in Hungary averaged 6.40 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 May of 2026.
Unemployment Rate in Hungary decreased to 4.70 percent in March from 4.90 percent in February of 2026. Unemployment Rate in Hungary is expected to be 4.10 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 4.10 percent in 2027 and 3.90 percent in 2028, according to our econometric models.