Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Hungary
Quarterly, Not Seasonally Adjusted
LFEAAGTTHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
202,300.00
Year-over-Year Change
3.00%
Date Range
1/1/1992 - 1/1/2025
Summary
This series measures the quarterly, not seasonally adjusted U.S. labor force participation rate. The labor force participation rate is a key economic indicator that reflects the active civilian population's engagement in the labor market.
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 noninstitutional population aged 16 and over that is either employed or actively seeking employment. This metric is widely used by economists and policymakers to assess labor market trends and dynamics.
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
The labor force participation rate is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and economic forecasting.
Key Facts
- The U.S. labor force participation rate was 62.2% in Q1 2023.
- The rate has declined from a high of 67.3% in 2000.
- Participation rates vary by age, gender, and other demographic factors.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian noninstitutional population aged 16 and over 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 the health and dynamics of the labor market, providing insights into workforce engagement and economic activity.
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: The labor force participation rate is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a short lag time. There may be limitations in capturing all labor market activity, such as discouraged workers.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEAAGTTHUQ647N), retrieved from FRED.