Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Hungary
LFACTTMAHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,616,779.00
Year-over-Year Change
0.99%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Hungary' metric measures the size and participation of the male labor force aged 15 and above in Hungary. This data is crucial for economists and policymakers to analyze labor market trends and dynamics.
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 series represents the total number of males aged 15 and over who are either employed or actively seeking work in the Hungarian labor market. It is an important indicator of the overall health and composition of the country's workforce.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Trends in this metric help inform economic and labor policies in Hungary.
Key Facts
- Hungary's male labor force totaled over 3.1 million in 2022.
- Male labor force participation rate in Hungary was 68.4% in 2021.
- The male labor force has grown by 8.2% since 2015 in Hungary.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total number of males aged 15 and over who are either employed or actively seeking work in the Hungarian labor market.
Q: Why is this trend relevant for users or analysts?
A: Trends in Hungary's male labor force are crucial for economists and policymakers to analyze the health and dynamics of the country's workforce.
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: Insights from this metric help inform labor and economic policies in Hungary.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in data reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Hungary (LFACTTMAHUQ647S), retrieved from FRED.