Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 24 Years for Hungary
LRUN24FEHUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.82
Year-over-Year Change
31.77%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the unemployment rate for women aged 15 to 24 in Hungary, providing insights into the labor force participation and economic opportunities for young women in the country.
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 Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 24 Years for Hungary series tracks the monthly unemployment rate for Hungarian women between the ages of 15 and 24. This data is a key indicator of the labor market health and economic well-being of young working women in the country.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
This unemployment rate is used by policymakers and economists to assess the effectiveness of labor market policies and identify areas for improvement.
Key Facts
- Hungary's female youth unemployment rate averaged 11.3% in 2021.
- The rate is significantly higher than the overall Hungarian unemployment rate of 4.1%.
- Young women face unique labor market challenges, including gender discrimination and lack of work experience.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for women aged 15 to 24 in Hungary, providing insights into the labor force participation and economic opportunities for young working women in the country.
Q: Why is this trend relevant for users or analysts?
A: The female youth unemployment rate is a key indicator of the overall health of the labor market and the economic well-being of young working women in Hungary. It is used by policymakers and economists to assess the effectiveness of labor market policies and identify areas for improvement.
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 unemployment rate is used by policymakers and economists to assess the effectiveness of labor market policies and identify areas for improvement in supporting young women's participation in the workforce.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical delay of several weeks. There may be limitations in capturing all individuals seeking employment, as the survey relies on self-reported data.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 24 Years for Hungary (LRUN24FEHUQ156S), retrieved from FRED.