Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 64 Years for Hungary
Annual, Seasonally Adjusted
LRUN64FEHUA156S • 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, Seasonally Adjusted trend measures the civilian labor force participation rate in the United States. This key economic indicator provides insights into the overall health and dynamics of the labor market.
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 represents the percentage of the civilian noninstitutional population that is either employed or actively seeking employment. It is a widely tracked metric used by economists, policymakers, and analysts to assess the strength and composition of the U.S. workforce.
Methodology
This data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly household surveys.
Historical Context
The labor force participation rate is a crucial input for evaluating economic growth, employment trends, and potential policy interventions.
Key Facts
- The U.S. labor force participation rate averaged 62.1% in 2022.
- Participation rates are typically lower for older workers and women.
- Changes in the participation rate can impact unemployment and economic output.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the percentage of the civilian noninstitutional population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the strength and dynamics of the U.S. labor market, providing insights into economic growth, employment trends, and potential policy considerations.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly household surveys.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for economists, policymakers, and analysts in evaluating the overall health of the economy and informing policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of approximately one month.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN64FEHUA156S), retrieved from FRED.