Infra-Annual Labor Statistics: Unemployment Male: From 25 to 54 Years for Hungary
LFUN25MAHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78,000.00
Year-over-Year Change
20.37%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the unemployment rate for men aged 25 to 54 in Hungary. Understanding labor market dynamics for this demographic is crucial for policymakers addressing employment and workforce issues.
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: Unemployment Male: From 25 to 54 Years for Hungary indicator tracks the percentage of working-age men in this cohort who are jobless but actively seeking employment. This metric provides valuable insights into labor force participation and economic conditions within Hungary.
Methodology
The data is collected through national labor force surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Policymakers and economists analyze this trend to assess labor market health and guide policies aimed at fostering full employment.
Key Facts
- Unemployment for Hungarian men aged 25-54 was 3.7% in 2021.
- This demographic accounts for a significant portion of the Hungarian labor force.
- The trend has shown gradual improvement since the global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the unemployment rate for Hungarian men aged 25 to 54 years old, providing insights into labor force participation and economic conditions.
Q: Why is this trend relevant for users or analysts?
A: Understanding unemployment dynamics for this key working-age demographic is crucial for policymakers and economists aiming to foster full employment and address labor market challenges.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess labor market health and guide policies aimed at promoting employment and workforce participation.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, so there may be some delay in accessing the most recent figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: From 25 to 54 Years for Hungary (LFUN25MAHUQ647N), retrieved from FRED.