The unemployment rate in Hungary stood at 4.3% in the period from March to May 2026, unchanged from the corresponding period in the previous year. The number of unemployed individuals declined by 3.5 thousand from a year earlier to 208 thousand. Of the total unemployed, 109 thousand were men, with an unemployment rate of 4.2%, while 99 thousand were women, at 4.4%. Moreover, the average time spent looking for a job was 13.3 months. Among unemployed individuals, 31.7% had been seeking work for less than three months, while 31.4% had been looking for work for 4–11 months. The proportion of those searching for work for more than a year increased by 3.7 percentage points to 36.9%. Meanwhile, the number of employed persons decreased by 33 thousand year-on-year to 4.640 million. Employment among men remained unchanged at 2.248 million, while employment among women decreased by 34 thousand to 2.161 million. source: Hungarian Central Statistical Office
Unemployment Rate in Hungary decreased to 4.30 percent in May from 4.50 percent in April of 2026. Unemployment Rate in Hungary averaged 6.38 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 July of 2026.
Unemployment Rate in Hungary decreased to 4.30 percent in May from 4.50 percent in April 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.