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

Unemployment rate in Hungaria fell to 5.0 percent in May-July of 2016 from 5.1 percent in April-June. It was the lowest jobless rate on record as the number of unemployed decreased to 228,780 from 234,100 while the number of employed people rose slightly to 4.37 million from 4.34 million. There were 235,500 people employed in public works and 118,100 people employed abroad. In the same period last year, jobless rate came in at 6.8 percent. Unemployment Rate in Hungary averaged 7.84 percent from 1999 until 2016, reaching an all time high of 11.80 percent in March of 2010 and a record low of 5 percent in July of 2016. 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
5.00 5.10 11.80 5.00 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-28 07:00 AM May 5.5% 5.8% 5.7% 5.7%
2016-07-28 07:00 AM Jun 5.1% 5.5% 5.6%
2016-08-30 07:00 AM Jul 5.0% 5.1% 5.2%
2016-09-27 07:00 AM Aug 5.0% 5%
2016-10-27 07:00 AM Sep 5.1%
2016-11-29 08:00 AM Oct 5.1%

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 5.10 11.80 5.00 percent [+]
Employed Persons 4372000.00 4342716.00 4372000.00 3678730.00 [+]
Unemployed Persons 228780.00 234086.00 506520.00 227000.00 [+]
Long Term Unemployment Rate 2.80 2.90 5.70 2.20 percent [+]
Youth Unemployment Rate 12.80 13.50 29.50 10.90 percent [+]
Labour Costs 118.50 123.50 123.50 31.60 Index Points [+]
Job Vacancies 55004.00 52401.00 55004.00 21130.00 [+]
Wages 256881.00 259875.00 272647.00 60268.00 HUF/Month [+]
Wage Growth 5.10 5.70 26.19 -5.30 percent [+]
Minimum Wages 350.09 351.29 351.29 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 0.50 0.90 2.70 -1.30 percent [+]
Employment Rate 57.84 56.70 57.84 48.00 percent [+]
Full Time Employment 4014.00 3995.80 4014.00 3150.50 Thousand [+]
Productivity 96.70 92.30 111.80 59.70 Index Points [+]
Part Time Employment 206.60 221.80 265.20 111.90 Thousand [+]
Labor Force Participation Rate 61.26 60.96 61.26 53.84 percent [+]
Living Wage Family 354700.00 355300.00 355300.00 341000.00 HUF/Month [+]
Living Wage Individual 176600.00 173400.00 176600.00 167000.00 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 [+]




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