Infra-Annual Labor Statistics: Unemployment Female: From 15 to 64 Years for Hungary
Quarterly, Seasonally Adjusted
LFUN64FEHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93,194.79
Year-over-Year Change
21.37%
Date Range
1/1/1999 - 1/1/2025
Summary
This quarterly, seasonally adjusted series measures the total labor force participation rate in the United States, providing key insights into the size and composition of the working population.
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 labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over that is employed or actively seeking employment. It is a crucial economic indicator used to assess the strength and dynamics of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and market analysts to gauge the health of the broader economy and inform decision-making.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates tend to decline during economic downturns and recover during expansions.
- Demographic shifts, such as an aging population, can also impact long-term participation trends.
FAQs
Q: What does this economic trend measure?
A: This series measures the labor force participation rate, which represents the percentage of the civilian non-institutional population aged 16 and over that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the strength and dynamics of the U.S. labor market, providing insights into the size and composition of the working population. It is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers, economists, and market analysts to gauge the health of the broader economy and inform decision-making, such as monetary and fiscal policy actions.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published on a quarterly basis with a relatively short delay, providing timely insights into the U.S. labor market.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUN64FEHUQ647S), retrieved from FRED.