The unemployment rate in Hungary rose to 4.6% in November–January 2026 from 4.3% a year earlier, marking the highest rate since the August–October 2025 period. The number of unemployed individuals increased by 11 thousand year-on-year to 223.8 thousand. Of the total unemployed, 122.3 thousand were men, with an unemployment rate of 4.8%, while 101.5 thousand were women, at 4.5%. Moreover, the average time spent looking for a job was 12.2 months. 37.1% of the unemployed had been searching for less than 3 months, while 35.8% had been unemployed for at least a year. Meanwhile, the number of employed persons declined by 68.4 thousand to 4.628 million. Employment among men fell by 41 thousand to 2.449 million, while employment among women decreased by 27.4 thousand to 2.179 million. source: Hungarian Central Statistical Office
Unemployment Rate in Hungary increased to 4.60 percent in January from 4.40 percent in December of 2025. Unemployment Rate in Hungary averaged 6.41 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 4.60 percent in January from 4.40 percent in December of 2025. 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.