Unemployment to Population Rate: All Ages: Females for Hungary
Quarterly, Not Seasonally Adjusted
LRUPTTFEHUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.12
Year-over-Year Change
-24.86%
Date Range
1/1/1999 - 7/1/2014
Summary
This series measures the quarterly, not seasonally adjusted labor force participation rate for the U.S. population aged 16 and over. It provides insights into workforce trends and labor market 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 labor force participation rate represents the percentage of the civilian non-institutional population who are either employed or actively seeking employment. This metric is a key indicator of economic activity and the health of the labor market.
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
The labor force participation rate is closely monitored by economists, policymakers, and investors to assess the strength and recovery of the U.S. economy.
Key Facts
- The labor force participation rate was 62.4% in Q4 2022.
- Participation rates peaked at 67.3% in early 2000.
- Rates have declined since the 2008 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian non-institutional population aged 16 and over who are 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 recovery of the U.S. labor market, providing insights into workforce trends and economic activity.
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: The labor force participation rate is closely monitored by economists, policymakers, and investors to assess the overall health and recovery of the U.S. economy.
Q: Are there update delays or limitations?
A: The labor force participation rate data is released quarterly with a relatively short update delay, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUPTTFEHUQ156N), retrieved from FRED.