The number of unemployed persons in Hungary decreased to 208296 in August of 2020 from 214437 in July of 2020. source: Hungarian Central Statistical Office

Unemployed Persons in Hungary averaged 303280.54 from 1999 until 2020, reaching an all time high of 506520 in January of 2012 and a record low of 155219 in November of 2019. This page provides the latest reported value for - Hungary Unemployed Persons - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Unemployed Persons - values, historical data and charts - was last updated on November of 2020.

Unemployed Persons in Hungary is expected to be 163558.54 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Hungary to stand at 163755.93 in 12 months time. In the long-term, the Hungary Unemployed Persons is projected to trend around 163830.21 in 2021 and 163834.43 in 2022, according to our econometric models.

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Hungary Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
208296.00 214437.00 506520.00 155219.00 1999 - 2020 Monthly
Volume, NSA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.60 11.80 3.30 percent [+]
Employed Persons 4485538.00 4477272.00 4520990.00 3678730.00 [+]
Unemployed Persons 208296.00 214437.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 0.90 1.00 5.70 0.90 percent [+]
Youth Unemployment Rate 12.40 14.10 29.30 9.60 percent [+]
Labour Costs 151.50 142.10 151.50 30.60 points [+]
Job Vacancies 59698.00 58233.00 87665.00 21130.00 [+]
Wages 391614.00 401847.00 421743.00 60268.00 HUF/Month [+]
Wage Growth 9.10 10.80 26.19 -5.30 percent [+]
Minimum Wages 451.51 487.10 487.10 89.15 EUR/Month [+]
Population 9.77 9.78 10.71 9.21 Million [+]
Retirement Age Women 64.00 63.50 64.00 59.00 [+]
Retirement Age Men 64.00 63.50 64.00 60.00 [+]
Part Time Employment 239.00 206.00 265.20 111.90 Thousand [+]
Labor Force Participation Rate 63.36 63.33 63.36 53.84 percent [+]
Productivity 107.90 109.90 109.90 62.20 points [+]
Employment Change -5.30 -0.30 1.80 -5.30 percent [+]
Employment Rate 60.55 60.43 60.95 47.98 percent [+]
Full Time Employment 4077.10 4180.40 4250.40 3150.50 Thousand [+]


Hungary Unemployed Persons
In Hungary, unemployed persons are individuals who are without a job and actively seeking to work.