Labor Force Participation Rate in Hungary decreased to 66.16 percent in September from 66.28 percent in August of 2021. source: Hungarian Central Statistical Office

Labor Force Participation Rate in Hungary averaged 58.59 percent from 2006 until 2021, reaching an all time high of 66.55 percent in July of 2021 and a record low of 53.84 percent in January of 2009. This page provides - Hungary Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Labor Force Participation Rate - values, historical data and charts - was last updated on December of 2021.

Labor Force Participation Rate in Hungary is expected to be 62.83 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Labor Force Participation Rate is projected to trend around 62.86 percent in 2022, according to our econometric models.

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Hungary Labor Force Participation Rate


Related Last Previous Unit Reference
Unemployment Rate 3.80 3.90 percent Oct/21
Employed Persons 4677400.00 4678442.00 Sep/21
Unemployed Persons 184196.00 189708.00 Sep/21
Job Vacancies 74534.00 62535.00 Jun/21
Wages 415913.00 414362.00 HUF/Month Sep/21
Wage Growth 9.20 9.10 percent Sep/21
Population 9.77 9.77 Million Dec/20
Employment Rate 63.65 63.64 percent Sep/21
Labor Force Participation Rate 66.16 66.28 percent Sep/21
Hungary Labor Force Participation Rate
In Hungary, labor force participation rate refers to the percentage of the population, both employed and unemployed, that constitutes the manpower supply of the labor market. Data presented as the 3-months moving average.