Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for Hungary
LFEM25MAHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,835,350.00
Year-over-Year Change
11.74%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the employment rate for Hungarian men aged 25 to 54 years old. It provides important insights into the core working-age population and labor market 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
The Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for Hungary metric tracks the percentage of working-age Hungarian men who are employed. This key labor force indicator is used by economists and policymakers to analyze workforce participation, labor shortages, and broader economic conditions.
Methodology
This data is collected through household labor force surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Policymakers and analysts monitor this trend to inform decisions on employment, education, and economic policies.
Key Facts
- Hungary's prime-age male employment rate is around 90%.
- Employment for this group has steadily increased since the early 2000s.
- The trend closely tracks broader economic conditions in Hungary.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for Hungarian men aged 25 to 54 years old, providing insights into labor force participation in the prime working-age population.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of labor market health and economic performance, used by policymakers and economists to inform decisions on employment, education, and economic policies.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to understand workforce participation, labor shortages, and broader economic conditions in Hungary.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, so there may be some delays in the most recent figures being available.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for Hungary (LFEM25MAHUA647N), retrieved from FRED.