Youth Unemployment Rate in Hungary decreased to 14.10 percent in July from 15.20 percent in June of 2020.

Youth Unemployment Rate in Hungary averaged 17.42 percent from 1996 until 2020, reaching an all time high of 29.30 percent in September of 2012 and a record low of 9.60 percent in April of 2018. This page provides the latest reported value for - Hungary Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Youth Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Youth Unemployment Rate in Hungary is expected to be 15.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Hungary to stand at 15.30 in 12 months time. In the long-term, the Hungary Youth Unemployment Rate is projected to trend around 14.40 percent in 2021 and 13.50 percent in 2022, according to our econometric models.

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Hungary Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
14.10 15.20 29.30 9.60 1996 - 2020 percent Monthly
SA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 4.80 11.80 3.30 percent [+]
Employed Persons 4477272.00 4438933.00 4520990.00 3678730.00 [+]
Unemployed Persons 214437.00 224303.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 0.90 1.00 5.70 0.90 percent [+]
Youth Unemployment Rate 14.10 15.20 29.30 9.60 percent [+]
Labour Costs 151.50 142.10 151.50 30.60 points [+]
Job Vacancies 59698.00 58233.00 87665.00 21130.00 [+]
Wages 401847.00 421743.00 421743.00 60268.00 HUF/Month [+]
Wage Growth 10.80 15.60 26.19 -5.30 percent [+]
Minimum Wages 451.51 487.10 487.10 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 239.00 206.00 265.20 111.90 Thousand [+]
Labor Force Participation Rate 63.33 62.94 63.33 53.84 percent [+]
Productivity 107.90 109.90 109.90 62.20 points [+]
Employment Change -5.30 -0.30 1.80 -5.30 percent [+]
Employment Rate 60.43 59.91 60.95 47.98 percent [+]
Full Time Employment 4077.10 4180.40 4250.40 3150.50 Thousand [+]