Infra-Annual Labor Statistics: Labor Force Total: From 55 to 64 Years for Hungary
Annual, Not Seasonally Adjusted
LFAC55TTHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
842,375.00
Year-over-Year Change
50.49%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the employment level in the United States, providing valuable insights into the country's 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
This trend represents the total number of employed persons in the U.S. economy, without adjusting for seasonal variations. It is a key indicator used by economists and policymakers to analyze the overall health and strength of the labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a comprehensive household survey conducted by the U.S. Census Bureau.
Historical Context
This trend is widely referenced in discussions around economic growth, employment policies, and labor force participation.
Key Facts
- The annual employment level in the U.S. was over 160 million in 2021.
- Employment levels have fluctuated significantly due to the COVID-19 pandemic.
- The labor force participation rate is a key factor influencing the employment trend.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States, providing a snapshot of the overall employment level in the country.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a crucial indicator of economic health and labor market conditions, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a comprehensive household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The employment level trend is closely monitored by the Federal Reserve and other government institutions to inform economic policies, employment initiatives, and labor market interventions.
Q: Are there update delays or limitations?
A: The employment level data is released on a monthly basis, with a slight delay in reporting. There may be limitations in capturing certain types of employment, such as informal or gig work.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Hungary
LFHUTTTTHUM647S
Share Prices: All Shares/Broad: Total for Hungary
SPASTT01HUA657N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Hungary
HUNCP060000IXOBQ
Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Hungary
LREM25TTHUQ156N
National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Hungary
HUNEXPORTQDSMEI
Sales: Retail Trade: Car Registration: Passenger Cars for Hungary
SLRTCR03HUQ180S
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC55TTHUA647N), retrieved from FRED.