Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Hungary
LFIN64MAHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
538,575.00
Year-over-Year Change
-46.23%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend tracks the number of males aged 15 to 64 years who are outside the labor force in Hungary. It provides insights into labor market participation and can inform workforce and economic policies.
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 'Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Hungary' series measures the population of working-age men in Hungary who are not employed or actively seeking work. This metric is a key indicator of labor force dynamics and economic conditions.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Policymakers and analysts use this trend to assess labor market health and design policies that promote employment and economic growth.
Key Facts
- The series covers men aged 15 to 64 years old in Hungary.
- It measures individuals not employed or actively seeking work.
- The data is released on an infra-annual (within-year) basis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of working-age men in Hungary who are outside the labor force, meaning they are not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market participation and can inform workforce and economic policies aimed at promoting employment and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess labor market health and design policies that promote employment and economic growth in Hungary.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual (within-year) basis, which may result in some update delays compared to annual or quarterly labor force statistics.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Hungary (LFIN64MAHUA647N), retrieved from FRED.