The unemployment rate in Hungary climbed to 4.9% in December-February 2026 from 4.6% in the same month in the previous year. This marked the highest reading since the April-June 2016 period, as the number of unemployed individuals increased by 11.9 thousand year-on-year to 235.7 thousand. Of the total unemployed, 125 thousand were men, with an unemployment rate of 4.8%, while 111 thousand were women, at 4.9%. Moreover, the average time spent looking for a job was 11.9 months, with 37.2% of unemployed having been looking for a job for less than 3 months, while 28.2% for those looking for work for 4-11 months, and 34.6% for more than a year. Meanwhile, the number of employed persons declined by 5.5 thousand to 4.623 million. Employment among men decreased by 34 thousand, to 2.453 million, while employment among women fell by 32 thousand to 2.169 million. source: Hungarian Central Statistical Office
Unemployment Rate in Hungary increased to 4.90 percent in February from 4.60 percent in January 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 March of 2026.
Unemployment Rate in Hungary increased to 4.90 percent in February from 4.60 percent in January of 2026. Unemployment Rate in Hungary is expected to be 4.40 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.