Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 24 Years for Hungary
Quarterly, Not Seasonally Adjusted
LFIN24TTHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
669,900.00
Year-over-Year Change
1.52%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic indicator tracks the quarterly employment levels in the finance and insurance sector of the U.S. economy, providing insights into the labor market trends within this key industry.
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 Quarterly, Not Seasonally Adjusted employment series measures the number of people employed in the finance and insurance sector on a quarterly basis, without adjustments for seasonal variations. This data is used by economists and policymakers to analyze the health and dynamics of the financial services industry.
Methodology
The data is collected through surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for assessing the overall state of the U.S. economy, as the finance and insurance sector plays a crucial role in driving economic growth and financial stability.
Key Facts
- The finance and insurance sector accounts for over 6% of total U.S. employment.
- Quarterly employment in this sector has shown steady growth since the Great Recession.
- The finance and insurance industry is a major driver of the U.S. economy, contributing over $1.5 trillion to GDP annually.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly employment levels in the finance and insurance sector of the U.S. economy, providing insights into the labor market dynamics within this key industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists, policymakers, and analysts as it offers insights into the health and performance of the finance and insurance sector, which is a crucial driver of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to assess the overall state of the U.S. economy and to inform policy decisions related to the financial services industry and its impact on economic growth and stability.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of approximately one month after the end of the reference quarter.
Related Trends
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HUNCPHP0300IXOBM
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for Hungary
LRAC55FEHUQ156S
Number of Listed Companies for Hungary
DDOM01HUA644NWDB
Number of Identified Exporters to Hungary from Maryland
MDHUNA475SCEN
Balance of Payments: Capital Transfers: Balance (Revenue Minus Expenditure) for Hungary
HUNB6CATT02NCCUQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Hungary
HUNCPGRHO02GYM
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFIN24TTHUQ647N), retrieved from FRED.