Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Hungary
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEMTTMAHUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.96
Year-over-Year Change
-159.64%
Date Range
1/1/1993 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate of the civilian labor force in the United States. It provides insights into labor market dynamics and is a key indicator of 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 annual, not seasonally adjusted growth rate of the civilian labor force is a widely-tracked metric used by economists and policymakers to understand changes in the size and composition of the U.S. workforce. It offers crucial context for evaluating employment trends and the overall health of the labor market.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
Monitoring labor force growth is essential for informing economic and workforce development policies.
Key Facts
- The civilian labor force includes all non-institutional persons 16 years and older who are employed or actively seeking work.
- The long-term average annual growth rate of the U.S. labor force is around 1%.
- 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 year-over-year percentage change in the size of the U.S. civilian labor force, which includes all non-institutionalized individuals 16 and older who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate is a key indicator of the health and expansion of the U.S. economy. It provides important context for interpreting employment, unemployment, and workforce participation data.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Monitoring labor force growth is essential for informing economic and workforce development policies, as well as providing context for the Federal Reserve's monetary policy decisions.
Q: Are there update delays or limitations?
A: This series is published monthly with a lag of approximately one month, aligning with the release of the Current Population Survey data.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEMTTMAHUA657N), retrieved from FRED.