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Unemployment rate rises slightly – The Budapest Times
In January 2026, the average number of employed persons aged 15–74 was 4 million 609 thousand. The number of unemployed persons was 225 thousand and the unemployment rate was 4.6%
In the period November 2025–January 2026, the average number of employed persons aged 15–74 was 4 million 628 thousand, 68 thousand fewer than a year earlier. The number of employed people was down by 41 thousand to 2 million 449 thousand among males, while among females it decreased by 27 thousand to 2 million 179 thousand.
4 million 444 thousand people worked in the domestic primary labour market, 81 thousand fewer than in the same period of the previous year. The number of public workers was 76 thousand, while that of people working abroad was 108 thousand.
Among 15-64 year-olds, the employment rate remained broadly unchanged, easing by 0.4 percentage points to 74.7%, alongside simultaneous declines in both the population and the number of employed persons. This rate was 78.2% for men and 71.0% for women.
In the period November 2025–January 2026, the average number of unemployed people aged 15–74 rose by 11 thousand2 to 224 thousand compared with the same period of the previous year. The unemployment rate was 4.6%, 0.3 percentage points more than a year earlier.
The number of unemployed was 122 thousand for males and 102 thousand for females. The rate was 4.8% for men and 4.5% for women.2
The average duration of job search was 12.2 months, 37.1% of all unemployed had been looking for a job for less than 3 months, while 35.8% had not found a job for at least a year.
According to the administrative data of the National Employment Service (https://nfsz.munka.hu/), the number of registered job seekers at the end of January 2026 decreased by 2.6% to 224 thousand compared to a year earlier.
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