Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Hungary
Quarterly, Not Seasonally Adjusted
LRUN64TTHUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
18.92%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic indicator measures the civilian labor force participation rate in the United States on a quarterly basis, without seasonal adjustments. It provides insights into labor market trends and workforce dynamics.
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 non-institutional population aged 16 and over that is either employed or actively seeking work. This metric is closely watched by policymakers and analysts to gauge the health and availability of the U.S. labor force.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a key input for assessing economic conditions and informing policy decisions.
Key Facts
- The U.S. labor force participation rate was 62.2% in Q4 2022.
- Participation rates vary by age, gender, and other demographic factors.
- The rate has declined since the early 2000s due to population aging and other structural changes.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work in the United States on a quarterly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and availability of the U.S. labor force, providing insights into workforce dynamics that are crucial for policymakers and economic analysts.
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.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a widely tracked metric that informs economic policy decisions, as it reflects the size and engagement of the working population.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a delay of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN64TTHUQ156N), retrieved from FRED.