Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 74 Years for Hungary
LFIN74FEHUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,359,100.00
Year-over-Year Change
-31.01%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the number of women aged 15 to 74 in Hungary who are considered outside the labor force. It provides insights into labor market participation and can inform policymakers' decisions.
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 Female: From 15 to 74 Years for Hungary' series tracks the population of working-age women in Hungary who are not employed or actively seeking work. This data is useful for analyzing labor force trends and informing workforce development policies.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Economists and policymakers use this trend to assess labor market dynamics and identify areas for potential policy interventions.
Key Facts
- Hungary's female labor force participation rate is below the OECD average.
- The trend has shown gradual increases in recent years.
- Improving female labor force participation is a policy priority in Hungary.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of women aged 15 to 74 in Hungary who are considered 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 data provides insights into labor market participation and can inform policymakers' decisions on workforce development and gender equality initiatives.
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: Economists and policymakers use this trend to assess labor market dynamics and identify areas for potential policy interventions to increase female labor force participation.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 74 Years for Hungary (LFIN74FEHUA647S), retrieved from FRED.