Annual, Not Seasonally Adjusted
HUNURHARMADSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.90
Year-over-Year Change
57.97%
Date Range
1/1/1992 - 1/1/2011
Summary
The Annual, Not Seasonally Adjusted series measures the unemployment rate in Hungary, providing an unmodified representation of labor market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the percentage of the Hungarian labor force that is without a job, giving analysts and policymakers insight into the overall health and performance of the country's employment landscape.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
The unemployment rate is a key metric used to evaluate macroeconomic policies and monitor labor market trends.
Key Facts
- Hungary's unemployment rate averaged 3.8% from 2010-2020.
- The highest recorded unemployment rate in Hungary was 11.9% in 2010.
- Unemployment rates are typically higher in rural areas compared to urban centers.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted series measures the percentage of the Hungarian labor force that is unemployed, providing an unmodified view of labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of a country's economic health and performance, helping policymakers and analysts evaluate the labor market and assess the impact of economic policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: The unemployment rate is widely used by economists, policymakers, and institutions to monitor labor market conditions and inform decisions on fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of several months, and may not capture short-term fluctuations in the labor market.
Related Trends
Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Hungary
HUNCPGRHO02GPM
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Hungary
LRACTTTTHUQ156S
Interest Rates: 3-Month or 90-Day Rates and Yields: Treasury Securities: Total for Hungary
IR3TTS01HUM156N
Amounts Outstanding of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Hungary
IDSGAMNIAOHU
Harmonized Index of Consumer Prices: Electricity for Hungary
CP0451HUM086NEST
Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Hungary
BSCURT02HUQ160S
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (HUNURHARMADSMEI), retrieved from FRED.