Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Hungary
Persons, Annual, Not Seasonally Adjusted
LFEMTTTTHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,714,600.00
Year-over-Year Change
23.19%
Date Range
1/1/1992 - 1/1/2024
Summary
This annual, not seasonally adjusted series tracks the total number of persons in the U.S. labor force, an important economic indicator for policymakers and analysts.
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 'Persons, Annual, Not Seasonally Adjusted' series represents the total civilian labor force population in the United States. It is used to analyze workforce participation and employment trends over time.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
This labor force metric is closely monitored by the Federal Reserve and other institutions to inform economic and policy decisions.
Key Facts
- The U.S. labor force totaled over 164 million people in 2022.
- Labor force participation has declined from over 67% in 2000 to around 62% today.
- Economists monitor labor force trends to assess the health of the overall economy.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of people in the U.S. civilian labor force, including both employed and unemployed individuals.
Q: Why is this trend relevant for users or analysts?
A: The size and composition of the labor force is a critical indicator of economic activity and the health of the job market.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force participation to inform decisions on monetary policy, employment programs, and other economic initiatives.
Q: Are there update delays or limitations?
A: This annual series has a lag of several months, with the most recent data typically released in the spring of the following year.
Related Trends
Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Hungary
LFUNTTMAHUA647N
Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Hungary
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Harmonized Index of Consumer Prices: Seasonal Food for Hungary
SEAS00HUM086NEST
Consumer Price Index: Health (COICOP 06): Total for Hungary
HUNCP060000IXNBM
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Hungary
PRMNTO01HUA661N
Bank Regulatory Capital to Risk-Weighted Assets for Hungary
DDSI05HUA156NWDB
Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEMTTTTHUA647N), retrieved from FRED.