Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Hungary
Annual, Not Seasonally Adjusted
LRIN64TTHUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.40
Year-over-Year Change
-41.03%
Date Range
1/1/1999 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted labor force participation rate for the U.S. It provides insights into long-term labor market trends and workforce participation.
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 share of the civilian population aged 16 and over that is either employed or actively seeking work. This metric is widely used by economists and policymakers to analyze labor market dynamics and workforce engagement.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
The labor force participation rate is a key indicator of economic health and can inform employment, monetary, and fiscal policies.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- Participation rates tend to decline during economic recessions.
- Women's labor force participation has increased significantly since the 1950s.
FAQs
Q: What does this economic trend measure?
A: This series measures the share of the civilian population aged 16 and over that is either employed or actively seeking work, on an annual, not seasonally adjusted basis.
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 workforce, providing insights into long-term labor market trends and workforce engagement.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by economists and policymakers to analyze labor market dynamics and inform employment, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRIN64TTHUA156N), retrieved from FRED.