Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Hungary
LREM74MAHUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.08
Year-over-Year Change
25.75%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Hungary' measures the percentage of Hungarian men aged 15 to 74 who are employed. This metric is a key indicator of labor market health and economic activity.
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 series tracks the employment rate for working-age Hungarian men, providing insights into the country's labor force participation and overall economic conditions. It is widely used by economists, policymakers, and analysts to assess employment trends and support decision-making.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
This employment rate is a important input for monitoring and shaping economic and labor market policies in Hungary.
Key Facts
- The current employment rate for Hungarian men aged 15-74 is XX.X%.
- This metric has shown a steady increase over the past Y years.
- Employment rates vary significantly by age group and region within Hungary.
FAQs
Q: What does this economic trend measure?
A: The 'Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Hungary' measures the percentage of working-age Hungarian men who are employed.
Q: Why is this trend relevant for users or analysts?
A: This employment rate is a key indicator of labor market health and economic activity in Hungary, and is widely used by economists, policymakers, and analysts to assess employment trends and support decision-making.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: This employment rate is an important input for monitoring and shaping economic and labor market policies in Hungary.
Q: Are there update delays or limitations?
A: The employment rate data is published on a regular basis, with updates typically available within X months of the reference period. However, there may be occasional delays or revisions due to data collection and processing.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Hungary (LREM74MAHUA156N), retrieved from FRED.