Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Hungary
Quarterly, Seasonally Adjusted
LREM25TTHUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.50
Year-over-Year Change
0.62%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' trend measures the total labor force in the United States on a quarterly basis, adjusted for seasonal variations. This key economic indicator provides insights into the overall size and dynamics of the U.S. labor market.
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 total labor force represents the number of people aged 16 and older who are either employed or actively seeking work. This metric is closely watched by economists and policymakers to gauge the health and growth of the U.S. economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force trend is a crucial input for economic analysis and policy decisions related to employment, inflation, and overall economic performance.
Key Facts
- The U.S. labor force totaled over 164 million people in Q4 2022.
- The labor force participation rate was 62.3% in Q4 2022.
- The unemployment rate was 3.5% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted' trend measures the total number of people in the United States who are either employed or actively seeking work on a quarterly basis, with adjustments made for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The labor force trend is a crucial indicator of the overall health and growth of the U.S. economy, providing insights into employment, workforce dynamics, and economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force trend is closely monitored by economists, policymakers, and institutions to inform decisions and policies related to employment, inflation, and overall economic performance.
Q: Are there update delays or limitations?
A: The labor force data is released quarterly, with a brief delay to allow for seasonal adjustments and data processing.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LREM25TTHUQ156S), retrieved from FRED.