Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Hungary
Growth rate previous period, Annual, Seasonally Adjusted
LFEM24FEHUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.04
Year-over-Year Change
-936.14%
Date Range
1/1/2000 - 1/1/2022
Summary
This annual, seasonally adjusted economic trend measures the growth rate of the labor force, which is a critical indicator of economic activity and workforce participation.
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 growth rate of the labor force provides insight into the size and dynamics of the working population. Economists and policymakers use this metric to assess labor market conditions and plan for future economic and workforce needs.
Methodology
This data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
Monitoring labor force growth helps inform economic and employment policies.
Key Facts
- The labor force encompasses all employed and unemployed individuals actively seeking work.
- Labor force growth reflects changes in population, workforce participation, and economic conditions.
- Monitoring labor force dynamics is crucial for policies targeting employment, productivity, and economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted growth rate of the U.S. labor force, which includes all employed and unemployed individuals actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: Labor force growth is a key indicator of economic activity and workforce participation, providing valuable insights for economists, policymakers, and workforce planners.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through household surveys and calculates the annual, seasonally adjusted growth rate.
Q: How is this trend used in economic policy?
A: Monitoring labor force growth helps inform policies related to employment, workforce development, and economic growth strategies.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical lag of one to two months, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM24FEHUA657S), retrieved from FRED.