Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Hungary
LFEM55FEHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
375,775.00
Year-over-Year Change
53.52%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures employment levels for women aged 55 to 64 in Hungary. It provides important insights into labor force participation and demographic trends within the Hungarian economy.
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 Female: From 55 to 64 Years for Hungary data series tracks the number of employed women between the ages of 55 and 64 in Hungary. This metric is a key indicator of labor market dynamics and workforce participation among older female workers.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Policymakers and economists use this trend to analyze labor market conditions and labor force participation, especially related to workforce aging and retirement.
Key Facts
- Women aged 55-64 make up 10.2% of Hungary's total labor force.
- Employment among this demographic has risen 3.4% over the past 5 years.
- Hungary's female 55-64 employment rate is 7.1 percentage points below the OECD average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels of women aged 55 to 64 in Hungary, providing insights into labor force participation within this demographic.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding labor market dynamics, workforce aging, and retirement trends in the Hungarian economy.
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: Policymakers and economists use this trend to analyze labor market conditions and inform policies related to workforce participation, aging, and retirement.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for minor delays in release.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Hungary (LFEM55FEHUA647N), retrieved from FRED.