Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Hungary

Monthly, Not Seasonally Adjusted

LCEAMN01HUM661N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

281.15

Year-over-Year Change

9.16%

Date Range

1/1/1995 - 4/1/2025

Summary

This economic indicator measures monthly, not seasonally adjusted employment levels in the U.S. human resources and consulting services industry. It provides insights into labor market trends in this key professional services sector.

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 monthly, not seasonally adjusted employment series tracks the number of jobs in the human resources and consulting services industry, which includes companies that provide human resources, staffing, and employment services. This data series is used by economists and policymakers to analyze labor market dynamics and employment trends in the professional services sector.

Methodology

The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.

Historical Context

This employment trend is relevant for understanding the state of the professional services labor market and can inform economic and workforce policies.

Key Facts

  • The human resources and consulting services industry employs over 3 million workers in the U.S.
  • Employment in this sector has grown by over 20% in the past decade.
  • The industry is a key driver of professional services job creation in the U.S. economy.

FAQs

Q: What does this economic trend measure?

A: This indicator measures monthly, not seasonally adjusted employment levels in the U.S. human resources and consulting services industry.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into labor market dynamics and employment trends in the professional services sector, which is an important driver of economic growth.

Q: How is this data collected or calculated?

A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: This employment trend is relevant for understanding the state of the professional services labor market and can inform economic and workforce policies.

Q: Are there update delays or limitations?

A: The data is published monthly with a short delay, providing timely insights into employment trends in this industry.

Related Trends

Citation

U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LCEAMN01HUM661N), retrieved from FRED.