Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Hungary
Annual, Seasonally Adjusted
LREM74MAHUA156S • 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 Annual, Seasonally Adjusted employment-population ratio measures the proportion of the civilian non-institutional population aged 16 and over that is employed. This key economic indicator provides insights into labor market strength and utilization.
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 employment-population ratio is a widely-used metric that reflects the overall employment situation by comparing the number of employed individuals to the total working-age population. It is a valuable gauge of economic health and the efficiency of the labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this ratio to assess the state of the economy and guide decisions on fiscal and monetary policy.
Key Facts
- The employment-population ratio reached a high of 63.4% in 2000.
- The ratio declined sharply during the Great Recession, falling to 58.5% in 2010.
- As of the latest data, the employment-population ratio stands at 60.1%.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted employment-population ratio measures the proportion of the civilian non-institutional population aged 16 and over that is employed.
Q: Why is this trend relevant for users or analysts?
A: This key indicator provides insights into labor market strength and utilization, making it a valuable gauge of economic health that is closely monitored by policymakers and 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.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the employment-population ratio to assess the state of the economy and guide decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The employment-population ratio data is updated monthly and is subject to revisions as more information becomes available.
Related Trends
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HUNLORSGPRTSTSAM
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 55 to 64 Years for Hungary
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Hungary
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Financial Market: Real Effective Exchange Rates: Unit Labor Costs Based for Hungary
CCRETT02HUA661N
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Hungary
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Harmonized Index of Consumer Prices: Maintenance and Repair of Personal Transport Equipment for Hungary
CP0723HUM086NEST
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM74MAHUA156S), retrieved from FRED.