Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for Hungary
Annual, Seasonally Adjusted
LFIN55TTHUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
311,500.00
Year-over-Year Change
-63.74%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the total number of employees in the financial activities sector in the United States. This metric is a key indicator of the health and growth of the financial 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 financial activities sector includes jobs in banking, insurance, real estate, and other financial services. Economists and policymakers monitor this series to assess broader economic conditions and trends in the financial services industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This series is used to inform economic and regulatory policies related to the financial sector.
Key Facts
- The financial activities sector employs over 8 million people in the U.S.
- Employment in this sector has grown by 7% over the past 5 years.
- The financial activities industry accounts for over 5% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of employees in the financial activities sector in the United States, including jobs in banking, insurance, real estate, and other financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the health and growth of the financial industry, which is an important driver of the broader economy. Economists and policymakers use this data to assess economic conditions and trends in the financial services sector.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This series is used to inform economic and regulatory policies related to the financial sector, as it provides insights into employment and activity in this critical industry.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Hungary
HUNCP080000GYM
Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 64 Years for Hungary
LRUN64MAHUA156N
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Hungary
PRINTO01HUQ661N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Hungary
HUNCP040000IXOBQ
National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Hungary
HUNGDPDEFQISMEI
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for Hungary
LRAC55FEHUA156N
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFIN55TTHUA647S), retrieved from FRED.