Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for Hungary
Quarterly, Seasonally Adjusted
LFAC24FEHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130,423.20
Year-over-Year Change
5.05%
Date Range
1/1/1999 - 1/1/2025
Summary
This series measures the quarterly, seasonally adjusted employment level for individuals ages 24 to 54 in the United States. It is a key indicator of labor market health and workforce participation.
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 Quarterly, Seasonally Adjusted employment level tracks the number of employed persons between the ages of 24 and 54 on a quarterly basis. This metric provides insight into the prime-age working population and is widely used by economists and policymakers to assess economic conditions and employment trends.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This employment metric is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The employment level for ages 24-54 reached a peak of 83.4 million in Q4 2019.
- Prime-age employment fell sharply during the COVID-19 pandemic, declining to 77.7 million in Q2 2020.
- As of Q4 2022, the employment level for ages 24-54 had recovered to 83.2 million.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, seasonally adjusted employment level for individuals aged 24 to 54 in the United States.
Q: Why is this trend relevant for users or analysts?
A: The prime-age employment level is a key indicator of labor market health and workforce participation, providing important insights for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household 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: This employment metric is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay from the end of the reference period.
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for Hungary
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC24FEHUQ647S), retrieved from FRED.