The unemployment rate in Hungary rose to 4.8% in the June to August 2026 period from 4.6% in the corresponding period a year earlier, highest recorded rate since February 2026. The number of unemployed individuals increased by 18.1 thousand from a year ago to 234.7 thousand. Of the total unemployed, 116.5 thousand were men, with an unemployment rate of 4.5%, while 118.2 thousand were women, with an unemployment rate of 5.1%. Moreover, the average time spent looking for a job was 11.7 months. Among unemployed individuals, 42.6% had been seeking work for less than three months, while the share looking for work for more than a year increased by 4.2 percentage points to 33.7%. Meanwhile, the number of employed persons decreased by 24 thousand year-on-year to 4.655 million. Employment among men is at 2.464 million, while employment among women decreased by 18.5 thousand to 2.191 million. source: Hungarian Central Statistical Office
Unemployment Rate in Hungary increased to 4.80 percent in August from 4.60 percent in July of 2026. Unemployment Rate in Hungary averaged 6.37 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 September of 2026.
Unemployment Rate in Hungary increased to 4.80 percent in August from 4.60 percent in July 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 4.60 percent in 2027 and 4.40 percent in 2028, according to our econometric models.