Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Hungary
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM55TTHUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.08
Year-over-Year Change
6.24%
Date Range
4/1/1999 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of the U.S. employment-to-population ratio, a key indicator of labor market health and economic activity.
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 employment-to-population ratio represents the proportion of the civilian non-institutional population that is employed. This seasonally adjusted metric is used by economists and policymakers to gauge the strength and trajectory of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Trends in the employment-to-population ratio inform monetary and fiscal policy decisions.
Key Facts
- The employment-to-population ratio reached a peak of 61.2% in January 2020.
- The ratio declined sharply to 51.3% in April 2020 due to the COVID-19 pandemic.
- As of January 2023, the employment-to-population ratio stands at 59.9%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of the employment-to-population ratio, which represents the proportion of the civilian non-institutional population that is employed.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a key indicator of labor market health and overall economic activity, and is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in the employment-to-population ratio inform monetary and fiscal policy decisions, as they provide insights into the strength and trajectory of the U.S. labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The employment-to-population ratio data is released monthly with a typical delay of about one month.
Related Trends
Sales: Retail Trade: Car Registration: Passenger Cars for Hungary
SLRTCR03HUQ180S
Life Expectancy at Birth, Total for Hungary
SPDYNLE00INHUN
Consumer Price Index: Total Services for Hungary
CPSETT01HUA661N
Business Tendency Surveys: Volume of Stocks: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles: Current for Hungary
HUNBRVSLV02STSAM
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 74 Years for Hungary
LRAC74TTHUQ156N
Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Hungary
TDSAMRIAOGGHU
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM55TTHUQ657S), retrieved from FRED.