Infra-Annual Labor Statistics: Unemployment Female: From 15 to 64 Years for Hungary
Annual, Seasonally Adjusted
LFUN64FEHUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99,575.00
Year-over-Year Change
-52.67%
Date Range
1/1/1999 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted unemployment rate for the U.S. population aged 16 and over. It serves as a key economic indicator for policymakers and analysts monitoring labor market trends.
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 annual, seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This metric provides a comprehensive view of the labor market's health and is closely watched by the Federal Reserve and other policymakers when making economic decisions.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a crucial input for monetary and fiscal policy decisions that aim to promote full employment and economic stability.
Key Facts
- The U.S. unemployment rate reached a peak of 14.7% in April 2020 during the COVID-19 pandemic.
- The natural rate of unemployment is estimated to be around 4-5% in the U.S.
- Unemployment tends to rise during economic recessions and fall during periods of economic growth.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted unemployment rate for the U.S. civilian labor force aged 16 and over.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the labor market's health and a crucial input for policymakers when making decisions about monetary and fiscal policy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely watched by the Federal Reserve and other policymakers, as it informs decisions about interest rates, employment programs, and other measures aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a relatively short delay, providing timely information to policymakers and analysts.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFUN64FEHUA647S), retrieved from FRED.