Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Hungary
LFAC64MAHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,534,949.00
Year-over-Year Change
0.43%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the size of the male labor force in Hungary aged 15 to 64 years. It provides key insights into the availability and participation of working-age men in the Hungarian economy.
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 Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Hungary tracks the monthly or quarterly population of working-age men who are employed or actively seeking work in the Hungarian labor market. This data is vital for economists and policymakers to assess labor supply, workforce dynamics, and broader economic conditions.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Policymakers use this trend to inform labor market policies, workforce development initiatives, and economic forecasting.
Key Facts
- Hungary's male labor force aged 15-64 averaged 3.1 million in 2022.
- The male labor force participation rate in Hungary was 78.9% as of Q3 2022.
- Infra-annual data allows for close monitoring of short-term labor market trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of the male labor force in Hungary aged 15 to 64 years, which includes both employed individuals and those actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This data provides crucial insights into the availability and participation of working-age men in the Hungarian labor market, which is vital for economic analysis and policy decisions.
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: Policymakers use this trend to inform labor market policies, workforce development initiatives, and economic forecasting in Hungary.
Q: Are there update delays or limitations?
A: The infra-annual frequency of this data allows for close monitoring of short-term labor market trends, with minimal update delays.
Related Trends
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 74 Years for Hungary
LRAC74MAHUQ156N
Interest Rates: 3-Month or 90-Day Rates and Yields: Treasury Securities: Total for Hungary
IR3TTS01HUA156N
Infra-Annual Labor Statistics: Working-Age Population Male: From 25 to 54 Years for Hungary
LFWA25MAHUA647N
Consumer Price Index: Communication (COICOP 08): Total for Hungary
HUNCP080000GPM
Sales: Retail Trade: Total Retail Trade: Volume for Hungary
HUNSLRTTO01GYSAM
Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Hungary
MANMM101HUM189S
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Hungary (LFAC64MAHUQ647S), retrieved from FRED.