Published on: 24 February 2023

Methodological change

Unemployment rate at 3.9%

In January 2023, the number of unemployed persons1 was 192 thousand and the unemployment rate was 3.9%2.

November 2022–January 2023 compared to a year before:

The number of unemployed persons aged 15–74 increased by 13 thousand to 196 thousand, while their unemployment rate rose by 0.2 percentage points to 4.0%. Among males, the number of unemployed persons was 105 thousand, and the unemployment rate was up by 0.4 percentage points to 4.1%. Among females, the number of unemployed people was 91 thousand, and the unemployment rate was 3.9%.

The number of unemployed people aged 15–24 years was 35 thousand, with an unemployment rate of 11.6%. This age group accounted for 17.9% of all unemployed. The unemployment rate for the 25–54 age group rose by 0.3 percentage points to 3.6%, while that for the 55–74 age group increased by 0.2 percentage points to 3.1%.

The average duration of job search was 9.1 months, and 31.3% of the unemployed had been looking for a job for at least a year.

Unemployment among 15–74-year-olds* by age group, November 2022–January 2023

Age group, year–olds Number Unemployment rate
thousand persons change, thousand personsa) % change, percentage pointsa)
15–2435.1–1.111.6–0.1
25–54133.110.93.60.3
55–7428.03.43.10.2
Total196.213.24.00.2

* The data of 15–64-year-olds are available in Table 20.2.1.3 among Summary tables (STADAT).
a) Compared to the same period of the previous year.

At the end of January 2023, compared to a year earlier:

According to the administrative data of the National Employment Service (https://nfsz.munka.hu/), the number of registered jobseekers decreased by 2.2% to 244 thousand.