Employment Rate in Hungary decreased to 63.64 percent in August from 63.97 percent in July of 2021. source: Hungarian Central Statistical Office

Employment Rate in Hungary averaged 55.63 percent from 2006 until 2021, reaching an all time high of 63.97 percent in July of 2021 and a record low of 49.49 percent in December of 2008. This page provides - Hungary Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Employment Rate - values, historical data and charts - was last updated on October of 2021.

Employment Rate in Hungary is expected to be 60.54 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Employment Rate is projected to trend around 60.54 percent in 2022, according to our econometric models.

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Hungary Employment Rate

Hungary Last Unit Reference Previous Highest Lowest
Unemployment Rate 4.10 percent Aug/21 3.90 11.80 3.30
Employed Persons 4678442.00 Aug/21 4704345.00 4704345.00 3678730.00
Unemployed Persons 194142.00 Aug/21 189278.00 506520.00 155219.00
Job Vacancies 62535.00 Mar/21 61573.00 87665.00 21130.00
Wages 421001.00 HUF/Month Jul/21 423621.00 449442.00 60268.00
Wage Growth 8.10 percent Jul/21 3.70 26.19 -5.30
Population 9.77 Million Dec/20 9.77 10.71 9.21
Employment Rate 63.64 percent Aug/21 63.97 63.97 49.49
Labor Force Participation Rate 66.28 percent Aug/21 66.55 66.55 53.84

Hungary Employment Rate
In Hungary, the employment rate measures the number of people who have a job as a percentage of the working age population.