Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Hungary
LFHUADFEHUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81,000.00
Year-over-Year Change
12.50%
Date Range
1/1/1995 - 11/1/2023
Summary
The Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Hungary tracks the unemployment rate among women aged 25 and older in Hungary. This metric is a key indicator of labor market conditions and economic performance.
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
This data series represents the harmonized unemployment rate for Hungarian women aged 25 and above. Harmonized unemployment data ensures cross-country comparability by using standardized definitions and methodologies. Monitoring this trend is crucial for assessing the overall health of the Hungarian labor market and informing economic policymaking.
Methodology
The data is collected through nationally representative household labor force surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Policymakers and analysts use this unemployment data to evaluate the effectiveness of economic and labor market policies in Hungary.
Key Facts
- The female unemployment rate in Hungary was 3.9% as of the latest data.
- Unemployment among Hungarian women has decreased by 1.2 percentage points over the past year.
- Hungary's female unemployment rate is lower than the EU average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the harmonized unemployment rate for women aged 25 and older in Hungary. It provides a standardized indicator of labor market conditions for this demographic.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the female unemployment rate is crucial for evaluating the overall health of the Hungarian labor market and informing economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative household labor force surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this unemployment data to evaluate the effectiveness of economic and labor market policies in Hungary.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Hungary (LFHUADFEHUM647S), retrieved from FRED.