Youth Unemployment Rate in Hungary decreased to 13.60 percent in February from 15.30 percent in January of 2021. source: EUROSTAT

Youth Unemployment Rate in Hungary averaged 17.31 percent from 1996 until 2021, 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 April of 2021.

Youth Unemployment Rate in Hungary is expected to be 15.30 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 14.50 in 12 months time. In the long-term, the Hungary Youth Unemployment Rate is projected to trend around 14.50 percent in 2022 and 13.70 percent in 2023, according to our econometric models.

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Hungary Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.60 15.30 29.30 9.60 1996 - 2021 percent Monthly
SA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.30 11.80 3.30 percent [+]
Employed Persons 4573600.00 4573577.00 4627205.00 3678730.00 [+]
Unemployed Persons 216800.00 216761.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 1.20 0.90 5.70 0.90 percent [+]
Youth Unemployment Rate 13.60 15.30 29.30 9.60 percent [+]
Labour Costs 132.20 126.60 144.50 30.60 points [+]
Job Vacancies 61573.00 63172.00 87665.00 21130.00 [+]
Wages 411032.00 449442.00 449442.00 60268.00 HUF/Month [+]
Wage Growth 9.50 10.60 26.19 -5.30 percent [+]
Minimum Wages 442.44 451.51 487.10 89.15 EUR/Month [+]
Population 9.77 9.77 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 192.40 207.90 265.20 111.90 Thousand [+]
Labor Force Participation Rate 64.80 64.97 65.27 53.84 percent [+]
Productivity 110.50 108.90 110.50 62.20 points [+]
Employment Change 2.40 -4.50 2.40 -4.50 percent [+]
Employment Rate 61.87 62.15 62.15 47.98 percent [+]
Full Time Employment 4205.30 4195.20 4250.40 3150.50 Thousand [+]