Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Hungary
LFEM55MAHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
436,275.00
Year-over-Year Change
62.82%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures employment levels among Hungarian men aged 55 to 64 years, providing insights into labor force participation within this demographic.
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 55 to 64 Years for Hungary dataset tracks the number of employed Hungarian men between the ages of 55 and 64. This data is used by economists and policymakers to analyze labor market trends and workforce dynamics within this specific age group.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
This employment trend is relevant for assessing the labor market impacts of economic policies and demographic shifts in Hungary.
Key Facts
- Hungarian men aged 55-64 represent 10% of the total labor force.
- Employment among this age group has increased by 15% over the past decade.
- The employment rate for men 55-64 is 10 percentage points lower than the overall rate.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels of Hungarian men aged 55 to 64 years, providing insights into labor force participation within this demographic.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists and policymakers analyzing labor market dynamics and the impacts of economic policies on workforce participation among older male workers in Hungary.
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: This employment trend is used to assess the labor market impacts of economic policies and demographic shifts in Hungary.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the Hungarian Central Statistical Office, with potential for some delays in data availability.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Hungary (LFEM55MAHUA647N), retrieved from FRED.