Employment in Hungary increased by 1.10 percent in the first quarter of 2021. source: EUROSTAT

Employment Change in Hungary averaged 0.16 percent from 1995 until 2021, reaching an all time high of 2.10 percent in the third quarter of 2020 and a record low of -4.50 percent in the second quarter of 2020. This page provides - Hungary Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Employment Change - values, historical data and charts - was last updated on October of 2021.

Employment Change in Hungary is expected to be 0.54 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Hungary to stand at 0.55 in 12 months time. In the long-term, the Hungary Employment Change is projected to trend around 0.52 percent in 2022 and 0.53 percent in 2023, according to our econometric models.

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Hungary Employment Change


Hungary Last Unit Reference Previous Highest Lowest
Long Term Unemployment Rate 1.10 percent Mar/21 1.30 5.70 0.90
Youth Unemployment Rate 15.80 percent Aug/21 16.40 29.70 8.50
Labour Costs 141.10 points Jun/21 149.90 149.90 30.70
Minimum Wages 476.00 EUR/Month Sep/21 442.44 487.10 89.15
Productivity 113.20 points Jun/21 112.50 113.20 62.20
Part Time Employment 210.40 Thousand Jun/21 213.80 265.20 111.90
Full Time Employment 4314.00 Thousand Jun/21 4262.50 4314.00 3150.50
Employment Change 1.10 percent Mar/21 1.10 2.10 -4.50


Hungary Employment Change
In Hungary, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment.