Youth Unemployment Rate in Hungary increased to 13.50 percent in April from 11.90 percent in March of 2020.

Youth Unemployment Rate in Hungary averaged 17.45 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 July of 2020.

Youth Unemployment Rate in Hungary is expected to be 11.90 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 12.10 in 12 months time. In the long-term, the Hungary Youth Unemployment Rate is projected to trend around 12.10 percent in 2021 and 11.20 percent in 2022, according to our econometric models.

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Hungary Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.50 11.90 29.30 9.60 1996 - 2020 percent Monthly
SA

Hungary Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 3.80 11.80 3.30 percent [+]
Employed Persons 4403062.00 4435930.00 4520990.00 3678730.00 [+]
Unemployed Persons 190198.00 174086.00 506520.00 155219.00 [+]
Long Term Unemployment Rate 1.00 0.90 5.70 0.90 percent [+]
Youth Unemployment Rate 13.50 11.90 29.30 9.60 percent [+]
Labour Costs 142.10 128.60 142.10 30.60 points [+]
Job Vacancies 58233.00 74824.00 87665.00 21130.00 [+]
Wages 400188.00 400386.00 406388.00 60268.00 HUF/Month [+]
Wage Growth 7.80 9.00 26.19 -5.30 percent [+]
Minimum Wages 464.20 464.20 464.20 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 206.00 187.20 265.20 111.90 Thousand [+]
Labor Force Participation Rate 61.98 62.20 63.14 53.84 percent [+]
Productivity 109.90 108.80 109.90 62.20 points [+]
Employment Change -0.30 0.10 1.80 -1.30 percent [+]
Employment Rate 59.42 59.85 60.95 47.98 percent [+]
Full Time Employment 4180.40 4250.40 4250.40 3150.50 Thousand [+]