Employment Rate in Hungary decreased to 60.90 percent in October from 60.94 percent in September of 2019. Employment Rate in Hungary averaged 53.34 percent from 2006 until 2019, reaching an all time high of 60.94 percent in September of 2019 and a record low of 47.98 percent in February of 2010.

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Hungary Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
60.90 60.94 60.94 47.98 2006 - 2019 percent Monthly
NSA


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.

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.50 3.50 11.80 3.30 percent [+]
Employed Persons 4517042.00 4520453.00 4520990.00 3678730.00 [+]
Unemployed Persons 163286.00 163616.00 506520.00 155488.00 [+]
Long Term Unemployment Rate 1.10 1.20 5.70 1.10 percent [+]
Youth Unemployment Rate 13.00 12.40 29.50 9.60 percent [+]
Labour Costs 123.10 130.70 133.40 31.30 points [+]
Job Vacancies 78315.00 79684.00 87665.00 21130.00 [+]
Wages 365135.00 360709.00 371131.00 60268.00 HUF/Month [+]
Wage Growth 11.60 11.80 26.19 -5.30 percent [+]
Minimum Wages 464.20 418.47 464.20 89.15 EUR/Month [+]
Population 9.78 9.80 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 [+]
Labor Force Participation Rate 63.11 63.14 63.14 53.84 percent [+]
Living Wage Family 221500.00 212300.00 221500.00 202500.00 HUF/Month [+]
Living Wage Individual 144800.00 135900.00 144800.00 127200.00 HUF/Month [+]
Productivity 114.40 109.40 121.70 59.70 points [+]
Part Time Employment 197.30 196.00 265.20 111.90 Thousand [+]
Wages High Skilled 281600.00 246400.00 281600.00 218900.00 HUF/Month [+]
Wages Low Skilled 140400.00 120700.00 140400.00 109400.00 HUF/Month [+]
Employment Change 0.20 0.30 1.80 -1.30 percent [+]
Employment Rate 60.90 60.94 60.94 47.98 percent [+]
Full Time Employment 4236.50 4234.00 4236.50 3150.50 Thousand [+]