Hungary Unemployment Rate  1999-2016 | Data | Chart | Calendar | Forecast

Hungary's three-month rolling unemployment rate decreased to 5.8 percent in the February-April 2016 period compared to 7.6 percent a year earlier, the lowest since April-June 2004. The number of unemployed persons fell by 73 thousand to 265 thousand while the number of employed people rose by 153 to 4.29 million. The average duration of unemployment was 18.4 months and 48.8 percent of jobless people had been searching for a job for one year or more. Among youth, the unemployment rate decreased by 4.7 p.p. to 14.2 percent. The unemployment rate of those aged 25–54 decreased by 1.6 p.p. to 5.2 percent and the rate for persons aged 55–64 also decreased by 1.2 p.p. to 5.0 percent. Unemployment Rate in Hungary averaged 7.89 percent from 1999 until 2016, reaching an all time high of 11.80 percent in March of 2010 and a record low of 5.50 percent in October of 2001. Unemployment Rate in Hungary is reported by the Hungarian Central Statistical Office.

Hungary Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
5.80 6.00 11.80 5.50 1999 - 2016 percent Monthly
In Hungary, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Hungary Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-29 07:00 AM Feb 6.1% 6.2% 6.4% 6.3%
2016-04-28 07:00 AM Mar 6% 6.1% 6.1%
2016-05-26 07:00 AM Apr 5.8% 6% 5.9%
2016-06-28 07:00 AM May 5.8% 5.7%
2016-07-28 07:00 AM Jun 5.7%
2016-08-30 07:00 AM Jul 5.7%

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.80 6.00 11.80 5.50 percent [+]
Employed Persons 4293609.00 4262166.00 4293609.00 3678730.00 [+]
Unemployed Persons 264933.00 272779.00 506520.00 227000.00 [+]
Long Term Unemployment Rate 2.90 3.00 5.70 2.20 percent [+]
Youth Unemployment Rate 14.20 14.10 29.40 10.90 percent [+]
Labour Costs 124.00 109.90 124.00 31.60 Index Points [+]
Job Vacancies 52401.00 44672.00 52401.00 21130.00 [+]
Wages 264471.00 264318.00 272647.00 60268.00 HUF/Month [+]
Wage Growth 6.40 6.60 26.19 -5.30 percent [+]
Minimum Wages 353.05 333.41 353.05 89.15 EUR/Month [+]
Population 9.82 9.86 10.71 9.21 Million [+]
Retirement Age Women 65.00 65.00 65.00 59.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Employment Change 1.00 0.50 2.80 -1.30 percent [+]
Employment Rate 56.70 56.60 56.70 48.00 percent [+]
Full Time Employment 3995.80 3989.30 3995.80 3150.50 Thousand [+]
Part Time Employment 221.80 235.30 265.20 111.90 Thousand [+]
Productivity 92.30 110.30 111.80 59.70 Index Points [+]
Labor Force Participation Rate 60.69 60.34 60.69 53.84 percent [+]
Living Wage Family 329000.00 326600.00 329000.00 326600.00 HUF/Month [+]
Living Wage Individual 159700.00 153600.00 159700.00 153600.00 HUF/Month [+]
Wages High Skilled 288000.00 195100.00 288000.00 185500.00 HUF/Month [+]
Wages Low Skilled 116700.00 110500.00 116700.00 110500.00 HUF/Month [+]




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