Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 74 Years for Hungary
LFWA74MAHUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,552,025.00
Year-over-Year Change
-3.38%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 74 Years for Hungary' measures the total number of working-age males aged 15 to 74 in Hungary. This key demographic indicator is vital for economists and policymakers to assess labor force trends and potential economic growth.
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 data series tracks the size of the working-age male population in Hungary, which is an important factor influencing labor supply, consumption patterns, and economic productivity. It is widely used by analysts to model workforce dynamics and project future labor market conditions.
Methodology
The data is collected through household surveys and censuses conducted by the Hungarian Central Statistical Office.
Historical Context
Policymakers rely on this metric to inform workforce development strategies and social programs.
Key Facts
- Hungary's working-age male population was 3.87 million in 2021.
- The working-age male population has declined by 2.8% since 2010.
- This metric is seasonally adjusted to account for annual fluctuations.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of working-age males aged 15 to 74 in Hungary. It is a key indicator of the size and composition of the potential labor force.
Q: Why is this trend relevant for users or analysts?
A: This metric is vital for assessing labor market dynamics, projecting economic growth, and informing workforce development policies in Hungary.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and censuses conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to inform workforce strategies, social programs, and projections of future economic activity.
Q: Are there update delays or limitations?
A: The data is updated on an infra-annual basis, with some potential for delays in publication.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Hungary
LFEM24FEHUA657N
Production: Construction: Total for Hungary
PRCNTO01HUQ659S
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Hungary
LFWA24TTHUA647N
Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Hungary
IR3TIB01HUM156N
Consumer Price Index: Harmonized Prices: Transport (COICOP 07): Total for Hungary
HUNCPHP0700GPM
Producer Prices Index: Type of Goods: Investments Goods: Domestic for Hungary
HUNPITGVG02GYM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 74 Years for Hungary (LFWA74MAHUA647S), retrieved from FRED.