Infra-Annual Labor Statistics: Labor Force Total: From 55 to 64 Years for Hungary
Quarterly, Not Seasonally Adjusted
LFAC55TTHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
857,100.00
Year-over-Year Change
13.51%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the employment-to-population ratio for the U.S. civilian labor force. It provides insight into the overall strength of the labor market 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 employment-to-population ratio represents the proportion of the civilian population aged 16 and older who are employed. This key indicator helps economists and policymakers assess the health and utilization of the nation's workforce.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The employment-to-population ratio is used to analyze labor market conditions and trends by economists, policymakers, and financial analysts.
Key Facts
- The employment-to-population ratio reached a high of 63.4% in 2000.
- This ratio declined during the Great Recession, reaching a low of 58.2% in 2011.
- As of the latest data, the employment-to-population ratio stands at 60.1%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of the civilian population aged 16 and older who are employed. It provides insight into overall labor market strength and workforce participation.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a key indicator used by economists and policymakers to assess the health and utilization of the nation's workforce.
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 employment-to-population ratio is used by economists, policymakers, and financial analysts to analyze labor market conditions and trends.
Q: Are there update delays or limitations?
A: The data is released quarterly with no significant update delays.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC55TTHUQ647N), retrieved from FRED.