Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Hungary
Quarterly, Seasonally Adjusted
LFWA74TTHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,188,279.00
Year-over-Year Change
-1.34%
Date Range
1/1/1999 - 1/1/2025
Summary
This series measures the civilian labor force participation rate in the United States on a quarterly, seasonally adjusted basis. It is a key indicator of the size and engagement of the U.S. workforce.
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 that is either employed or actively seeking work. It is a widely-tracked metric used by economists and policymakers to assess the health and utilization of the national labor market.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
The labor force participation rate informs monetary and fiscal policy decisions aimed at promoting full employment and economic growth.
Key Facts
- The U.S. labor force participation rate was 62.2% as of Q4 2022.
- Participation rates peaked at 67.3% in early 2000 before declining.
- Factors like aging demographics and disability have contributed to the long-term decline.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian non-institutional population that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and utilization of the national labor market, informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Q: How is this trend used in economic policy?
A: The labor force participation rate informs monetary and fiscal policy decisions aimed at promoting full employment and economic growth.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 1-2 month release lag.
Related Trends
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA74TTHUQ647S), retrieved from FRED.