Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Hungary
Quarterly, Not Seasonally Adjusted
LFAC74TTHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,904,700.00
Year-over-Year Change
1.56%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the quarterly, not seasonally adjusted labor force participation rate for the United States. It provides insight into the overall size and composition of the U.S. labor force.
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 labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This metric is a key indicator of economic health and labor market conditions.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
The labor force participation rate is closely monitored by policymakers and economists to assess labor market dynamics and guide economic decision-making.
Key Facts
- The U.S. labor force participation rate averaged 62.1% in 2022.
- Participation rates tend to decline during economic recessions.
- Women's labor force participation has increased significantly since the 1950s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted labor force participation rate in the United States. It represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of economic health and labor market conditions. It provides insight into the overall size and composition of the U.S. labor force, which is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data for this trend is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers and economists to assess labor market dynamics and guide economic decision-making, such as monetary and fiscal policy actions.
Q: Are there update delays or limitations?
A: The data for this trend is released on a quarterly basis, with a typical delay of approximately one month from the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC74TTHUQ647N), retrieved from FRED.