Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Hungary
LFEM24FEHUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.04
Year-over-Year Change
-936.14%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures the employment rate of females aged 15 to 24 years in Hungary. It provides valuable insights into the labor force participation and job market outcomes for young women in the country.
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 Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Hungary trend tracks the employment levels of young women in the Hungarian labor market. This data is used by economists and policymakers to analyze workforce dynamics, assess the effectiveness of youth employment initiatives, and identify potential areas for economic and social development.
Methodology
The data is collected through nationally representative household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
This trend is crucial for informing economic policies and labor market interventions aimed at promoting youth employment and gender equality.
Key Facts
- Hungary's female youth employment rate averaged 25.6% in 2021.
- The female youth employment rate in Hungary is lower than the EU average.
- Increasing female youth employment is a key policy priority in Hungary.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate of females aged 15 to 24 years in Hungary. It provides insights into the labor force participation and job market outcomes for young women in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the dynamics of the Hungarian labor market, particularly regarding the employment of young women. It informs economic policies and interventions aimed at promoting youth employment and gender equality.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative household surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to assess the effectiveness of youth employment initiatives and identify areas for economic and social development in Hungary.
Q: Are there update delays or limitations?
A: There may be periodic delays in data updates due to the time required for data collection and processing by the Hungarian Central Statistical Office.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Hungary (LFEM24FEHUA657N), retrieved from FRED.