Hungary Unemployment Rate - Forecast

Unemployment Rate in Hungary is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Hungary to stand at 4.40 in 12 months time. In the long-term, the Hungary Unemployment Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.


Hungary Unemployment Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Hungary Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 3.8 4.3 4.4 4.4 4.4 5
Employed Persons 4450230 4418314 4419008 4413557 4409034 4379815
Unemployed Persons 177520 188318 190057 192430 194891 212322
Long Term Unemployment Rate 1.8 1.84 1.91 1.99 2.09 2.93
Youth Unemployment Rate 10.5 10.41 10.55 10.7 10.84 11.87
Labour Costs 111 120 119 114 114 115
Job Vacancies 73713 72751 70503 69593 68661 63790
Wages 322955 308663 308807 309399 308190 302619
Wage Growth 13 12 9.8 5.1 3.4 2.8
Minimum Wages 413 450 450 450 450 550
Population 9.8 9.76 9.76 9.76 9.76 9.73
Retirement Age Women 62.5 62.5 62.5 62 62.5 62.5
Retirement Age Men 62.5 62.5 62.5 62 62.5 62.5
Labor Force Participation Rate 62.17 62.15 62.11 62.07 62.03 61.75
Living Wage Family 239100 226843 226868 226894 226920 226500
Living Wage Individual 164300 153381 153587 153792 153998 151109
Part Time Employment 190 187 187 186 186 182
Productivity 108 96.04 99.95 107 110 108
Wages High Skilled 272000 236021 235857 235692 235528 236075
Wages Low Skilled 137900 118817 119002 119187 119373 118751
Employment Change 0.3 0.23 0.21 0.17 0.16 0.12
Employment Rate 59.78 59.28 59.29 59.23 59.16 58.75
Full Time Employment 4181 4176 4174 4165 4159 4105