Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Hungary
Quarterly, Seasonally Adjusted
LFIN64MAHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
525,594.60
Year-over-Year Change
-5.18%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' series measures the average weekly hours worked in the finance and insurance sector in the United States. This metric is a key indicator of labor market conditions and economic activity within 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
This economic series tracks the average number of hours worked per week by employees in finance and insurance companies, adjusted for seasonal variations. It provides insights into productivity, labor demand, and industry trends that are relevant for policymakers, economists, and financial analysts.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This series is used to monitor the health and output of the finance and insurance sector, which is a crucial component of the broader U.S. economy.
Key Facts
- The average weekly hours worked in the finance and insurance sector was 37.6 as of the latest data.
- The sector accounts for over 6% of total U.S. employment.
- Weekly hours have remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average number of hours worked per week by employees in the finance and insurance sector in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into productivity, labor demand, and industry trends within the finance and insurance sector, which is a crucial component of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This series is used by policymakers, economists, and financial analysts to monitor the health and output of the finance and insurance sector, which is relevant for broader economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical update delay of 1-2 months following the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN64MAHUQ647S), retrieved from FRED.