Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Hungary
Persons, Annual, Seasonally Adjusted
LFACTTTTHUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,934,975.00
Year-over-Year Change
14.76%
Date Range
1/1/1992 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the United States on an annual, seasonally adjusted basis. It is a key indicator of labor force participation and overall economic activity.
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 Persons, Annual, Seasonally Adjusted series tracks the total number of employed persons in the U.S. economy across all sectors. It is a widely followed metric used by economists, policymakers, and analysts to assess the health and trajectory of the labor market.
Methodology
This data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Trends in total employment are closely monitored for their implications on consumer spending, inflation, and the overall macroeconomic environment.
Key Facts
- Annual, seasonally adjusted data series
- Measures total number of employed persons
- Provides insight into labor market health
FAQs
Q: What does this economic trend measure?
A: The Persons, Annual, Seasonally Adjusted series tracks the total number of employed persons in the U.S. economy across all sectors and industries.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor force participation and overall economic activity, providing important insights for economists, policymakers, and market analysts.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in total employment are closely monitored for their implications on consumer spending, inflation, and the overall macroeconomic environment, informing policy decisions.
Q: Are there update delays or limitations?
A: The Persons, Annual, Seasonally Adjusted data is published on a regular annual basis with minimal delays.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFACTTTTHUA647S), retrieved from FRED.