Infra-Annual Labor Statistics: Labor Force Female: From 15 to 64 Years for Hungary
Annual, Not Seasonally Adjusted
LFAC64FEHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,254,250.00
Year-over-Year Change
14.17%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the U.S. economy. It provides key insights into labor market dynamics and workforce trends.
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 that is either employed or actively seeking work. This metric is closely watched by economists and policymakers to assess labor market health and evaluate economic policies.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Trends in labor force participation are crucial for understanding the strength of the labor market and can inform monetary and fiscal policy decisions.
Key Facts
- The U.S. labor force participation rate was 62.2% in 2022.
- Participation rates vary significantly by age, gender, and education level.
- Labor force participation is a key indicator of economic health and potential growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate, which represents the percentage of the civilian non-institutional population that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of labor market health and can provide insights into workforce trends, economic activity, and the potential for future growth.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: Trends in labor force participation are closely monitored by economists and policymakers to assess the strength of the labor market and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a slight delay, and can be influenced by factors such as population changes and survey methodologies.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC64FEHUA647N), retrieved from FRED.