Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Hungary
Growth rate previous period, Annual, Seasonally Adjusted
LFEM64MAHUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.57
Year-over-Year Change
-136.90%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures the annual growth rate of the civilian labor force, which is a key indicator of labor market dynamics and 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 growth rate of the civilian labor force represents the year-over-year change in the total number of people employed or actively seeking employment in the United States. This metric is widely used by economists and policymakers to assess the strength and trajectory of the labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring labor force growth is crucial for informing monetary and fiscal policies aimed at promoting full employment and economic stability.
Key Facts
- The civilian labor force includes all non-institutional individuals ages 16 and older who are employed or actively seeking work.
- Labor force growth reflects changes in both population and workforce participation rates.
- Sustained labor force growth is a sign of a healthy, expanding economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of the U.S. civilian labor force, which represents the total number of people employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: Labor force growth is a key indicator of economic activity and labor market dynamics, providing important insights for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Monitoring labor force growth is crucial for informing monetary and fiscal policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM64MAHUA657S), retrieved from FRED.