Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Hungary
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM55FEHUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.44
Year-over-Year Change
-76.39%
Date Range
1/1/2000 - 1/1/2022
Summary
This annual, not seasonally adjusted economic trend measures the year-over-year growth rate of the labor force. It provides insights into workforce participation and broader economic conditions.
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 growth rate previous period trend tracks changes in the overall size of the U.S. labor force over time. This metric is a key indicator of workforce dynamics and can inform economic and policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on household survey responses.
Historical Context
Policymakers and analysts use this trend to assess labor market health and monitor workforce participation.
Key Facts
- The labor force encompasses all employed and unemployed individuals.
- Year-over-year growth has averaged 0.7% since 2000.
- Declining growth can signal economic weakness or discouraged workers.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the annual, not seasonally adjusted year-over-year growth rate of the U.S. labor force.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate provides insights into workforce participation and can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on household survey responses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess labor market health and monitor workforce participation.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM55FEHUA657N), retrieved from FRED.