Employment Rate in Hungary decreased to 61.90 percent in April from 62.62 percent in March of 2021. source: Hungarian Central Statistical Office

Employment Rate in Hungary averaged 55.46 percent from 2006 until 2021, reaching an all time high of 63.12 percent in August of 2019 and a record low of 49.49 percent in December of 2008. This page provides - Hungary Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Employment Rate - values, historical data and charts - was last updated on June of 2021.

Employment Rate in Hungary is expected to be 60.54 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Hungary to stand at 60.54 in 12 months time. In the long-term, the Hungary Employment Rate is projected to trend around 60.54 percent in 2022, according to our econometric models.

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Hungary Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.90 62.62 63.12 49.49 2006 - 2021 percent Monthly
NSA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 4.50 11.80 3.30 percent [+]
Employed Persons 4559329.00 4615983.00 4627205.00 3678730.00 [+]
Unemployed Persons 211114.00 193616.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 1.20 0.90 5.70 0.90 percent [+]
Youth Unemployment Rate 13.90 11.50 29.30 9.60 percent [+]
Labour Costs 149.90 132.20 149.90 30.60 points [+]
Job Vacancies 61573.00 63172.00 87665.00 21130.00 [+]
Wages 423706.00 401934.00 449442.00 60268.00 HUF/Month [+]
Wage Growth 9.20 9.60 26.19 -5.30 percent [+]
Minimum Wages 442.44 451.51 487.10 89.15 EUR/Month [+]
Population 9.77 9.77 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 192.40 207.90 265.20 111.90 Thousand [+]
Labor Force Participation Rate 64.77 65.25 65.27 53.84 percent [+]
Productivity 112.50 110.50 112.50 62.20 points [+]
Employment Change 0.80 2.50 2.50 -4.40 percent [+]
Employment Rate 61.90 62.62 63.12 49.49 percent [+]
Full Time Employment 4205.30 4195.20 4250.40 3150.50 Thousand [+]


Hungary Employment Rate
In Hungary, the employment rate measures the number of people who have a job as a percentage of the working age population.