Hungary Jobless Rate at 4.4% in February-April âšī¸
Hungary's unemployment rate slightly decreased to 4.4% in February-April 2025, with total unemployed individuals falling by 5.7 thousand, while total employment declined by 31.7 thousand.
Marginal economic indicator with minimal direct implications for global markets, showing a stable labor market with minor fluctuations in employment and unemployment rates.
Hungary Gross Wage Growth Hits Over 2-Year Low âšī¸
Hungary's gross average wages increased by 8.5% year-on-year in March 2025, showing a slowdown in wage growth across public, private, and non-profit sectors.
Moderate wage growth indicates stable economic conditions with a slight deceleration. The incremental change suggests neither significant economic expansion nor contraction, presenting a balanced economic signal.