Table of Contents
Welcome to your comprehensive guide to the Hungary job market. Finding the right job or candidate requires solid data. We provide the latest statistics on employment, salaries, and economic indicators, empowering you to make informed decisions about your next career step or recruitment strategy in Hungary.
Job Market Overview: Employment Statistics in Hungary
Understanding Hungary's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 9.660.351 residents |
| Employment Rate | 58.7% (below OECD average) |
| Unemployment Rate | 4.13% (very competitive market) |
These Hungary employment statistics reveal a tight labor market where candidates should highlight specialized skills. The 58.7% employment rate suggests moderate job availability across sectors.
Living & Working in Hungary: Economic Insights
Before relocating or applying for jobs in Hungary, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 1.042,81 USD | 23% of U.S. average (significantly lower) |
| Purchasing Power | 53.6 | moderate compared to U.S. (100) |
With 53.6 purchasing power, salaries in Hungary provide adequate but budget-conscious lifestyles. The average monthly salary of 1.042,81 USD is particularly attractive in the Agriculture sector.
Top Industries & Job Opportunities in HU
Hungary's thriving job market spans these key sectors:
| Leading Industry | Agriculture (growing at 5% annually) |
| Emerging Sector | Manufacturing (25% of workforce) |
| Service Sector | Services (60% of GDP) |
| Major Employers | MOL Group, OTP Bank, Richter Gedeon (hiring year-round) |
Job seekers should focus on Agriculture for the most opportunities, while Manufacturing offers growth potential. Major companies like MOL Group, OTP Bank, Richter Gedeon frequently post openings for skilled professionals.
Data Sources & Methodology
The statistical data (Population, Employment, Economic Indicators) used in this guide is compiled from the following authoritative sources:
- Employment & Economic Data: World Bank Indicators
- Cost of Living & Salaries: Numbeo Cost of Living Database
- Proprietary Data: Analysis derived from expert interviews and Cityjobs.info internal salary research.
Disclaimer: Data Volatility Note
We strive to update all statistics and figures annually. However, due to the nature of global economics, data like employment rates, exchange values, and average salaries can change rapidly due to political events, economic shifts, or unforeseen crises. Always verify critical figures with local governmental or financial institutions before making major decisions.
CityJobs bridges the gap between job seekers and employers in Hungary, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Hungary?
With a population of 9,660,351 and an employment rate of 58.7%, Hungary offers a competitive job market. The unemployment rate currently stands at 4.13%.
2. Which are the top companies in Hungary?
The leading employers in Hungary include MOL Group, OTP Bank, Richter Gedeon. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Hungary?
The purchasing power ratio in Hungary is 53.6, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Hungary?
Search our listings filtered for Hungary. Focus on industries where MOL Group, OTP Bank, Richter Gedeon are active, and consider that the 58.7% employment rate suggests moderate competition for positions.
5. What should I know about working in Hungary?
With MOL Group, OTP Bank, Richter Gedeon as major employers, the job market tends to favor Manufacturing and Services.
