Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Hungary
LFEM55MAHUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
436,275.00
Year-over-Year Change
62.82%
Date Range
1/1/1999 - 1/1/2024
Summary
This trend measures the employment rate for Hungarian men aged 55 to 64 years, providing insights into labor force participation in this demographic.
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 Male: From 55 to 64 Years for Hungary is an economic indicator that tracks the employment level of Hungarian men within the 55 to 64 age range. This data is used by economists and policymakers to analyze labor market dynamics and inform policies targeting workforce participation, retirement, and aging.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
This trend is relevant for assessing the labor market and economic conditions in Hungary, particularly in the context of policies affecting older workers.
Key Facts
- Hungary's employment rate for men aged 55-64 was 60.4% in 2021.
- The employment trend for this demographic has increased over the past decade.
- Policies aimed at extending working lives may contribute to this trend.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for Hungarian men aged 55 to 64 years, providing insights into labor force participation in this demographic.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for assessing the labor market and economic conditions in Hungary, particularly in the context of policies affecting older workers.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze labor market dynamics and inform policies targeting workforce participation, retirement, and aging.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in data availability.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Hungary (LFEM55MAHUA647S), retrieved from FRED.