Hungary Unemployment Rate  1999-2017 | Data | Chart | Calendar | Forecast

The unemployment rate in Hungary decreased to 4.5 percent in the three months to March of 2017 from 6.0 percent a year earlier. The number of unemployed persons declined by 66 thousand to 207 thousand and employment increased by 106 thousand to 4368 thousand, bringing the unemployment rate up to 67.1 percent. Around 4055.5 thousand people were employed in the regular domestic market while 200.7 thousand were employed in public work and 111.7 thousand were working abroad. Unemployment Rate in Hungary averaged 7.72 percent from 1999 until 2017, reaching an all time high of 11.80 percent in March of 2010 and a record low of 4.30 percent in January of 2017.

Hungary Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-27 08:00 AM Jan 4.3% 4.4% 4.5%
2017-03-29 07:00 AM Feb 4.4% 4.3% 4.3%
2017-04-28 07:00 AM Mar 4.5% 4.4% 4.5%
2017-05-26 07:00 AM Apr 4.5% 4.4%
2017-06-28 07:00 AM May 4.4%
2017-07-28 07:00 AM Jun 4.4%




Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.40 11.80 4.30 percent [+]
Employed Persons 4367928.00 4371533.00 4414354.00 3678730.00 [+]
Unemployed Persons 206759.00 202526.00 506520.00 197565.00 [+]
Long Term Unemployment Rate 2.00 2.20 5.70 2.00 percent [+]
Youth Unemployment Rate 10.50 11.10 29.20 10.50 percent [+]
Labour Costs 113.40 111.00 120.10 31.60 Index Points [+]
Job Vacancies 55526.00 57876.00 57876.00 21130.00 [+]
Wages 298276.00 274799.00 298276.00 60268.00 HUF/Month [+]
Wage Growth 12.80 10.40 26.19 -5.30 percent [+]
Minimum Wages 411.52 350.09 411.52 89.15 EUR/Month [+]
Population 9.83 9.86 10.71 9.21 Million [+]
Retirement Age Women 62.50 62.50 62.60 59.00 [+]
Retirement Age Men 62.50 62.50 62.50 60.00 [+]
Employment Change 0.50 0.20 2.80 -1.40 percent [+]
Employment Rate 58.36 58.82 58.82 48.00 percent [+]
Full Time Employment 4157.10 4135.70 4157.10 3150.50 Thousand [+]
Productivity 113.00 103.50 113.00 59.70 Index Points [+]
Part Time Employment 201.70 206.60 265.20 111.90 Thousand [+]
Labor Force Participation Rate 61.13 61.07 61.61 53.84 percent [+]
Living Wage Family 230141.50 222903.40 355300.00 212114.50 HUF/Month [+]
Living Wage Individual 180032.10 179101.40 180032.10 164811.50 HUF/Month [+]
Wages High Skilled 271000.00 262900.00 274300.00 185500.00 HUF/Month [+]
Wages Low Skilled 116300.00 116100.00 116300.00 110500.00 HUF/Month [+]


Hungary Unemployment Rate Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.40 11.80 4.30 1999 - 2017 percent Monthly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.70 Mar/17
Turkey 12.60 Feb/17
Italy 11.70 Mar/17
France 9.60 Mar/17
Euro Area 9.50 Mar/17
Canada 6.50 Apr/17
Australia 5.70 Apr/17
Indonesia 5.33 Mar/17
Russia 5.30 Apr/17
Netherlands 5.10 Apr/17
India 4.90 Dec/13
United Kingdom 4.60 Mar/17
United States 4.40 Apr/17
South Korea 4.00 Apr/17
China 3.97 Mar/17
Germany 3.90 Mar/17
Switzerland 3.30 Apr/17
Mexico 3.19 Mar/17
Japan 2.80 Mar/17