Labor Force Participation Rate in Hungary increased to 62.87 percent in January from 62.66 percent in December of 2018. Labor Force Participation Rate in Hungary averaged 57.41 percent from 2006 until 2019, reaching an all time high of 62.93 percent in September of 2018 and a record low of 53.84 percent in March of 2008.

Hungary Labor Force Participation Rate
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Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.70 11.80 3.60 percent [+]
Employed Persons 4497385.00 4480725.00 4502086.00 3678730.00 [+]
Unemployed Persons 168150.00 169762.00 506520.00 165147.00 [+]
Long Term Unemployment Rate 1.40 1.40 5.70 1.40 percent [+]
Youth Unemployment Rate 11.60 11.30 29.50 9.60 percent [+]
Labour Costs 120.70 117.50 129.30 31.30 Index Points [+]
Job Vacancies 83337.00 87665.00 87665.00 21130.00 [+]
Wages 343469.00 359978.00 359978.00 60268.00 HUF/Month [+]
Wage Growth 10.60 10.20 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 62.87 62.66 62.93 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 [+]
Part Time Employment 189.70 194.70 265.20 111.90 Thousand [+]
Productivity 121.70 112.40 121.70 59.70 Index Points [+]
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 0.50 0.50 2.60 -1.40 percent [+]
Employment Rate 60.60 60.37 68.70 47.98 percent [+]
Full Time Employment 4226.70 4230.90 4233.10 3150.50 Thousand [+]


Hungary Labor Force Participation Rate

In Hungary, labor force participation rate refers to the percentage of the population, both employed and unemployed, that constitutes the manpower supply of the labor market. Data presented as the 3-months moving average. This page provides - Hungary Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
62.87 62.66 62.93 53.84 2006 - 2019 percent Monthly
NSA




Country Last Previous
United Kingdom 79.30 Jan/19
France 72.30 Dec/18
Netherlands 71.00 Mar/19
Indonesia 69.20 Dec/18
Switzerland 68.50 Sep/18
Singapore 67.70 Dec/18
Australia 65.70 Mar/19
Canada 65.70 Mar/19
Italy 65.70 Feb/19
South Korea 63.10 Mar/19
United States 63.00 Mar/19
Russia 62.10 Feb/19
Brazil 61.60 Feb/19
Germany 61.50 Sep/18
Japan 61.40 Feb/19
South Africa 59.40 Dec/18
Mexico 59.20 Jan/19
Spain 58.61 Dec/18
Euro Area 57.30 Sep/18
Saudi Arabia 55.90 Dec/18
Turkey 52.90 Jan/19
India 52.50 Dec/13
Argentina 46.50 Dec/18


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