Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 64 Years for Hungary
Annual, Not Seasonally Adjusted
LRUN64FEHUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.43
Year-over-Year Change
-58.49%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the civilian labor force participation rate in the United States. This key economic indicator provides insights into the size and composition of the active labor force.
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 civilian labor force participation rate tracks the percentage of the civilian noninstitutional population aged 16 and over who are employed or actively seeking work. It is a crucial metric for economists and policymakers to assess labor market dynamics and labor supply trends.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Labor force participation is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and economic forecasting.
Key Facts
- The U.S. labor force participation rate averaged 62.1% in 2022.
- Participation rates are lower for older workers and women compared to prime-age men.
- Long-term declines in participation are driven by demographic shifts and discouraged workers.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the percentage of the civilian noninstitutional population aged 16 and over who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the size and composition of the active labor force, providing insights into labor market dynamics and labor supply trends.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Labor force participation is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted data is published with a delay, but provides a comprehensive view of long-term labor force trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN64FEHUA156N), retrieved from FRED.