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Unemployment Rate and Employment Data in Hungary

Hungary Unemployment Data

Indicator Data Period
Unemployment Rate 4.1 % Aug/23
Youth Unemployment Rate 12.8 % Aug/23
Employed Persons 4720500 Person | 4.721 Million Person Jul/23
Employment Change  0.1 % 2Q/23
Employment Rate  64.57 % Jul/23
Full Time Employment 4421 Thousand Person 2Q/23
Long Term Unemployment Rate 1.4 % 2Q/23
Part Time Employment 182 Thousand Persons 2Q/23
Unemployed Persons 199745 Persons | 0.2 Million Persons Jul/23


Latest data on Unemployment Rate (%)

Unemployment Rate
                     Hungary - Historical Data (%)

What is Unemployment Rate in Hungary?

  • Unemployment Rate in Hungary increased to 4.1 % in August 2023. The maximum rate was 11.8 % and minimum was 3.3 %.
  • Data published Monthly by Central Statistical Office.

Historical Data (%) by years

Data
Period
Date
4.1 Aug/23 29.09.2023
4 Jul/23 25.08.2023
3.9 Jun/23 28.07.2023
3.9 May/23 23.06.2023
4 Apr/23 26.05.2023
4.1 Mar/23 28.04.2023
4.1 Feb/23 24.03.2023
4 Jan/23 24.02.2023


Historical Chart by presidents (%)

Unemployment Rate in Hungary by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Áder János 10.05.2012 - 4.3000 3.8000 4.3000 3.8000 -11.63%


Latest data on Youth Unemployment Rate (%)

Youth Unemployment Rate
                     Hungary - Historical Data (%)

What is Youth Unemployment Rate in Hungary?

  • Youth Unemployment Rate in Hungary increased to 12.8 % in August 2023. The maximum rate was 29.3 % and minimum was 9.6 %.
  • Data published Monthly by Eurostat.

Historical Data (%) by years

Data
Period
Date
12.8 Aug/23 07.10.2023
12 Jul/23 06.09.2023
13.3 Jun/23 01.08.2023
11.7 May/23 14.07.2023
11.2 Apr/23 03.06.2023
10.4 Mar/23 04.05.2023
10.9 Feb/23 01.04.2023
11.1 Jan/23 02.03.2023


Historical Chart by presidents (%)

Youth Unemployment Rate in Hungary by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Áder János 10.05.2012 - 10.8000 10.0000 11.0000 10.0000 -7.41%


Latest data on Employed Persons (Person)

Employed Persons
                     Hungary - Historical Data (Person)

How many employed persons are in Hungary?

  • Number of Employed Persons in Hungary decreased to 4720500 Person (4.721 Million Person) in July 2023. The maximum rate was 4627205 Person and minimum was 3678730 Person.
  • Data published Monthly by Central Statistical Office.

Historical Data (Person) by years

Data
Period
Date
4720500 Jul/23 29.09.2023
4727998 Jun/23 26.08.2023
4723832 May/23 28.07.2023
4703720 Apr/23 23.06.2023
4698226 Mar/23 26.05.2023
4695790 Feb/23 28.04.2023
4690270 Jan/23 24.03.2023
4705505 Dec/22 24.02.2023


Historical Chart by presidents (Person)

Employed Persons in Hungary by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Employment Change  (%)

Employment Change 
                     Hungary - Historical Data (%)

What is Employment Change rate in Hungary?

  • Employment Change in Hungary increased by 0.1 % in the second quarter of 2023. The maximum change was 2.1 % and minimum was -4.5 %.
  • Data published Quarterly by Eurostat.

Historical Data (%) by years

Data
Period
Date
0.1 2Q/23 08.09.2023
0.1 1Q/23 20.06.2023
-0.1 4Q/22 08.03.2023
0 3Q/22 08.12.2022
0.7 2Q/22 25.08.2022
0.8 3Q/21 18.02.2022
1.1 1Q/21 21.06.2021
0.8 4Q/20 28.04.2021


Historical Chart by QoQ presidents (%)

Employment Change  in Hungary by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Employment Rate  (%)

Employment Rate 
                     Hungary - Historical Data (%)

What is Employment Rate in Hungary?

  • Employment Rate in Hungary decreased to 64.57 % in July 2023. The maximum rate was 63.12 % and minimum was 49.49 %.
  • Data published Monthly by Central Statistical Office.

Historical Data (%) by years

Data
Period
Date
64.57 Jul/23 29.09.2023
64.66 Jun/23 26.08.2023
64.59 May/23 23.06.2023
64.21 Mar/23 26.05.2023
64.19 Feb/23 28.04.2023
64.13 Jan/23 24.03.2023
64.35 Dec/22 24.02.2023
64.28 Nov/22 27.01.2023


Historical Chart by presidents (%)

Employment Rate  in Hungary by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Full Time Employment (Thousand Person)

Full Time Employment
                     Hungary - Historical Data (Thousand Person)

What is the number of full-time workers in Hungary?

  • Full Time Employment in Hungary increased to 4421 Thousand Person in the second quarter of 2023. The maximum rate was 4250 Thousand Person and minimum was 3150 Thousand Person.
  • Data published Quarterly by Eurostat.

Historical Data (Thousand Person) by years

Data
Period
Date
4421 2Q/23 25.09.2023
4394 1Q/23 19.06.2023
4394 4Q/22 20.03.2023
4406 3Q/22 31.12.2022
4393 2Q/22 17.09.2022
4375 1Q/22 25.08.2022
4374 4Q/21 19.03.2022
4357 3Q/21 18.01.2022


Historical Chart by presidents (Thousand Person)

Full Time Employment in Hungary by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Long Term Unemployment Rate (%)

Long Term Unemployment Rate
                     Hungary - Historical Data (%)

What is Long Term Unemployment Rate in Hungary?

  • Long Term Unemployment Rate in Hungary increased to 1.4 % in the second quarter of 2023. The maximum rate was 5.7 % and minimum was 0.9 %.
  • Data published Quarterly by Eurostat.

Historical Data (%) by years

Data
Period
Date
1.4 2Q/23 23.09.2023
1.3 1Q/23 17.06.2023
1.3 4Q/22 20.03.2023
1.2 3Q/22 18.01.2023
1.2 2Q/22 01.11.2022
1.3 1Q/22 16.07.2022
1.3 4Q/21 25.06.2022
1.3 3Q/21 17.02.2022


Historical Chart by presidents (%)

Long Term Unemployment Rate in Hungary by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Part Time Employment (Thousand Persons)

Part Time Employment
                     Hungary - Historical Data (Thousand Persons)

What is Part Time Employment in Hungary?

  • Part Time Employment in Hungary decreased to 182 Thousand Persons in the second quarter of 2023. The maximum rate was 265 Thousand Persons and minimum was 112 Thousand Persons.
  • Data published Quarterly by Eurostat.

Historical Data (Thousand Persons) by years

Data
Period
Date
182 2Q/23 26.09.2023
185 1Q/23 19.06.2023
194 4Q/22 20.03.2023
195 3Q/22 31.12.2022
194 2Q/22 17.09.2022
194 1Q/22 25.08.2022
206 4Q/21 19.03.2022
204 3Q/21 18.01.2022


Historical Chart by presidents (Thousand Persons)

Part Time Employment in Hungary by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Unemployed Persons (Persons)

Unemployed Persons
                     Hungary - Historical Data (Persons)

How many Unemployed Persons are in Hungary?

  • Number of Unemployed Persons in Hungary increased to 199745 Persons (0.2 Million Persons) in July 2023. The maximum rate was 506520 Persons and minimum was 155219 Persons.
  • Data published Monthly by Central Statistical Office.

Historical Data (Persons) by years

Data
Period
Date
199745 Jul/23 29.09.2023
197898 Jun/23 26.08.2023
192659 May/23 28.07.2023
191486 Apr/23 23.06.2023
197243 Mar/23 26.05.2023
198825 Feb/23 28.04.2023
198891 Jan/23 24.02.2023
188915 Nov/22 06.01.2023


Historical Chart by presidents (Persons)

Unemployed Persons in Hungary by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Hungary

Index Updated Actual Previous
Retirement Age Men 2022 65 65
Wages Jul/23 1537.104 USD/Month 1558.236
Job Vacancies 2Q/23 79.751 K 83.124
Labor Force Participation Rate Jul/23 67.31 % 67.37
Living Wage Individual 2018 458.542 USD/Month 430.358

Unemployment Rate in other countries

Country Updated Actual Previous
Austria Sep/23 5.9 % 6.1
Ireland Sep/23 4.2 % 4.1
Luxembourg Aug/23 5.3 % 5.2
Spain 2Q/23 11.6 % 13.26
Iceland Aug/23 3.3 % 3.5
Norway Aug/23 3.6 % 3.6
Belarus Dec/22 3.6 % 3.9
Belgium Aug/23 5.5 % 5.5
Bulgaria Aug/23 5.3 % 5.2
Croatia Aug/23 6 % 5.8
Cyprus Aug/23 6.6 % 6.6
Czech Republic Sep/23 3.6 % 3.6
Denmark Aug/23 2.5 % 2.5
Estonia 2Q/23 6.7 % 5.3
Euro Area Aug/23 6.4 % 6.5
European Union Aug/23 5.9 % 6
Finland Aug/23 6.7 % 6.9
France 2Q/23 7.2 % 7.1
Germany Sep/23 5.7 % 5.7
Greece Aug/23 10.9 % 10.9
Hungary Aug/23 4.1 % 4
Italy Aug/23 7.3 % 7.5
Latvia 2Q/23 6.4 % 6.4
Lithuania Aug/23 8.4 % 8.6
Macedonia 2Q/23 13.2 % 13.4
Malta 2Q/23 2.5 % 2.9
Moldova 2Q/23 3.8 % 5.5
Montenegro Sep/23 16.2 % 16.43
Netherlands Aug/23 3.6 % 3.6
Poland Aug/23 5 % 5
Portugal 2Q/23 6.1 % 7.2
Romania Aug/23 5.4 % 5.5
Russia Aug/23 3 % 3
Serbia 2Q/23 9.6 % 10.1
Slovakia Aug/23 5.23 % 5.22
Slovenia Jul/23 4.8 % 4.7
Sweden Aug/23 7.7 % 6.2
Switzerland Sep/23 2 % 2
Turkey Aug/23 9.2 % 9.4
Ukraine 4Q/21 10.5 % 9.1
United Kingdom Aug/19 3.9 %
Liechtenstein 2022 1.3 % 1.6
Albania 2Q/23 10.7 % 10.9
Bosnia and Herzegovina Jun/23 13.1 % 13.3
Kosovo 4Q/22 12.6 % 20.7