Hungary - Unemployment Rate





Hungary: Unemployment Rate

Mnemonic LBR.IHUN
Unit % 3-mo ending MA, NSA
Adjustments Not Seasonally Adjusted
Monthly
Data Feb 2024 4.68
Jan 2024 4.57

Series Information

Source Hungarian Central Statistical Office (HCSO)
Release Labor Market
Frequency Monthly
Start Date 1/31/1994
End Date 2/29/2024

Hungary: Labor

Reference Last Previous Units Frequency
Labor Force Feb 2024 4,953 4,943 Ths. # 3-mo ending MA, NSA Monthly
Labor Force Employment Feb 2024 4,721 4,718 Ths. # 3-mo ending MA, NSA Monthly
Unemployment Rate Feb 2024 4.68 4.57 % 3-mo ending MA, NSA Monthly
Primary Industries Employment 2023 Q4 202.4 215.9 Ths. #, NSA Quarterly
Total Employment 2023 Q4 4,740 4,737 Ths. #, NSA Quarterly
Unemployment Dec 2020 196.5 203.76 Ths. # 3-mo ending MA, NSA Monthly
Agriculture Employment 2017 231,945 236,179 # Annual

Release Information

The Hungarian Central Statistical Office (HCSO) reports monthly labor market statistics. The data set includes total employed, unemployed, economically active, economically inactive, population, participation rate, employment rate, and unemployment rate for Hungary.

Active:

  • Measurements:
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date:

Predecessor:

  • 1992 to 2021

The Labor Force Survey is based on a multi-stage stratified probability sample design. The size of the quarterly sample is approximately 32 thousand respondent households (about 65 thousand persons). The survey is continuous and consists of three statistically independent monthly sub-samples. The basis of grossing up is the population number in the survey period estimated with the help of a mathematical model. The population number in each population group is calculated by multiplying the sample values of the different strata with the proper weight and summing them up.

Based on data about the economic activity of population aged 15–74 years living in private households.

Moody's Analytics supplements

For the status quartet for ages 15 to 74 years, we compute seasonally adjusted counterparts using X-13ARIMA-SEATS.