Youth Unemployment Rate in Hungary increased to 16.80 percent in July from 13.50 percent in June of 2021. source: EUROSTAT

Youth Unemployment Rate in Hungary averaged 17.10 percent from 1996 until 2021, reaching an all time high of 30.10 percent in January of 2013 and a record low of 8.30 percent in June of 2019. This page provides the latest reported value for - Hungary Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Youth Unemployment Rate - values, historical data and charts - was last updated on September of 2021.

Youth Unemployment Rate in Hungary is expected to be 16.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Youth Unemployment Rate is projected to trend around 16.80 percent in 2022 and 16.60 percent in 2023, according to our econometric models.

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Hungary Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
16.80 13.50 30.10 8.30 1996 - 2021 percent Monthly
SA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.10 11.80 3.30 percent [+]
Employed Persons 4691904.00 4606514.00 4691904.00 3678730.00 [+]
Unemployed Persons 193486.00 189371.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 1.10 1.30 5.70 0.90 percent [+]
Youth Unemployment Rate 16.80 13.50 30.10 8.30 percent [+]
Labour Costs 141.10 149.90 149.90 30.70 points [+]
Job Vacancies 62535.00 61573.00 87665.00 21130.00 [+]
Wages 423621.00 419073.00 449442.00 60268.00 HUF/Month [+]
Wage Growth 3.70 8.50 26.19 -5.30 percent [+]
Minimum Wages 476.00 442.44 487.10 89.15 EUR/Month [+]
Population 9.77 9.77 10.71 9.21 Million [+]
Retirement Age Women 64.50 64.00 64.50 59.00 [+]
Retirement Age Men 64.50 64.00 64.50 60.00 [+]
Part Time Employment 210.40 213.80 265.20 111.90 Thousand [+]
Labor Force Participation Rate 66.41 65.16 66.41 53.84 percent [+]
Productivity 113.20 112.50 113.20 62.20 points [+]
Employment Change 1.10 1.10 2.10 -4.50 percent [+]
Employment Rate 63.78 62.59 63.78 49.49 percent [+]
Full Time Employment 4314.00 4262.50 4314.00 3150.50 Thousand [+]