Hungary Jobless Rate Rises to 4.6% in May–July
2026-08-28 06:51
By
Joshua Ferrer
1 min. read
The unemployment rate in Hungary rose to 4.6% in the May to July 2026 period from 4.3% in the corresponding period a year earlier.
The number of unemployed individuals increased by 12.7 thousand from a year ago to 225 thousand.
Of the total unemployed, 113 thousand were men, with an unemployment rate of 4.4%, while 112 thousand were women, with an unemployment rate of 4.9%.
Moreover, the average time spent looking for a job was 12.0 months.
Among unemployed individuals, 39.9% had been seeking work for less than three months, while the share looking for work for more than a year increased by 5.5 percentage points to 34.7%.
Meanwhile, the number of employed persons decreased by 29 thousand year-on-year to 4.651 million.
Employment among men remained broadly unchanged at 2.471 million, while employment among women decreased by 23 thousand to 2.180 million.