Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for Hungary
Quarterly, Not Seasonally Adjusted
LFAC24TTHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
298,000.00
Year-over-Year Change
6.24%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the unemployment rate for Hispanic or Latino adults in the United States on a quarterly, not seasonally adjusted basis. It provides insights into the labor force participation and employment patterns of this demographic group.
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
The Quarterly, Not Seasonally Adjusted unemployment rate for Hispanic or Latino adults is a key economic indicator used to track the employment status of this population segment over time. It is an important data point for policymakers, economists, and workforce analysts in understanding workforce dynamics and identifying potential areas for targeted interventions.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This trend is widely referenced in discussions of labor market conditions, economic equity, and workforce development policies.
Key Facts
- The quarterly, not seasonally adjusted Hispanic or Latino unemployment rate averaged 5.3% in 2022.
- The unemployment rate for this group has historically been higher than the national average.
- Tracking this trend helps identify disparities and guide policies to promote workforce equity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted unemployment rate for Hispanic or Latino adults in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor force participation and employment patterns of the Hispanic or Latino population, which is crucial for policymakers, economists, and workforce analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is widely referenced in discussions of labor market conditions, economic equity, and workforce development policies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a short delay to allow for collection and processing.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC24TTHUQ647N), retrieved from FRED.