Labor Force Participation Rate in Hungary increased to 66.23 percent in April from 66.16 percent in March of 2022. source: Hungarian Central Statistical Office

Labor Force Participation Rate in Hungary averaged 60.05 percent from 2006 until 2022, reaching an all time high of 66.30 percent in November 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 June of 2022.

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 2023, according to our econometric models.

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Hungary Labor Force Participation Rate



Related Last Previous Unit Reference
Unemployment Rate 3.40 3.50 percent May 2022
Unemployed Persons 164686.00 170290.00 Apr 2022
Employed Persons 4693335.00 4684271.00 Apr 2022
Job Vacancies 86881.00 79987.00 Mar 2022
Wages 492043.00 495657.00 HUF/Month Apr 2022
Wage Growth 15.10 17.00 percent Apr 2022
Population 9.77 9.77 Million Dec 2020
Labor Force Participation Rate 66.23 66.16 percent Apr 2022
Employment Rate 63.99 63.84 percent Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
66.23 66.16 66.30 53.84 2006 - 2022 percent Monthly
NSA