The number of employed persons in Hungary increased to 4482318 in November of 2020 from 4476449 in October of 2020. source: Hungarian Central Statistical Office

Employed Persons in Hungary averaged 4010998.03 from 1999 until 2020, reaching an all time high of 4520990 in August of 2019 and a record low of 3678730 in February of 2010. This page provides the latest reported value for - Hungary Employed Persons - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Employed Persons - values, historical data and charts - was last updated on February of 2021.

Employed Persons in Hungary is expected to be 4510217.56 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Hungary to stand at 4513569.97 in 12 months time. In the long-term, the Hungary Employed Persons is projected to trend around 4513000.36 in 2022 and 4512996.33 in 2023, according to our econometric models.

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Hungary Employed Persons

Actual Previous Highest Lowest Dates Unit Frequency
4482318.00 4476449.00 4520990.00 3678730.00 1999 - 2020 Monthly
Volume, NSA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 4.40 11.80 3.30 percent [+]
Employed Persons 4482318.00 4476449.00 4520990.00 3678730.00 [+]
Unemployed Persons 196507.00 203763.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 1.20 0.90 5.70 0.90 percent [+]
Youth Unemployment Rate 11.60 11.90 29.30 9.60 percent [+]
Labour Costs 125.90 151.50 151.50 30.60 points [+]
Job Vacancies 63172.00 59698.00 87665.00 21130.00 [+]
Wages 438246.00 397364.00 438246.00 60268.00 HUF/Month [+]
Wage Growth 10.60 8.60 26.19 -5.30 percent [+]
Minimum Wages 442.44 451.51 487.10 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 207.90 239.00 265.20 111.90 Thousand [+]
Labor Force Participation Rate 63.18 63.19 63.36 53.84 percent [+]
Productivity 108.90 107.90 109.90 62.20 points [+]
Employment Change 2.40 -4.50 2.40 -4.50 percent [+]
Employment Rate 60.53 60.44 60.95 47.98 percent [+]
Full Time Employment 4195.20 4077.10 4250.40 3150.50 Thousand [+]


Hungary Employed Persons
In Hungary, employed persons are individuals with a minimum required age who work during a certain time for a business.