Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Hungary
Quarterly, Seasonally Adjusted
LFHUADTTHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158,000.00
Year-over-Year Change
-5.39%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures the total employment level in the U.S. on a quarterly, seasonally adjusted basis. It provides a comprehensive view of the health and dynamics of the overall labor market.
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 total employment level is a key economic indicator that reflects the size and composition of the U.S. workforce. Analysts and policymakers use this data to assess the strength of the economy, make informed decisions, and develop effective economic policies.
Methodology
The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve, Congress, and private sector analysts to gauge the overall state of the labor market and the broader economy.
Key Facts
- The U.S. employment level reached a record high in Q4 2019.
- Employment declined sharply during the COVID-19 pandemic in 2020.
- The labor force participation rate is a key metric derived from the employment data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The total employment level is a crucial indicator of the health and strength of the U.S. labor market and broader economy, making it highly relevant for economic analysts, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. households and businesses conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment trend is closely monitored by the Federal Reserve, Congress, and other institutions to assess the overall state of the labor market and inform policy decisions related to interest rates, fiscal measures, and economic stimulus.
Q: Are there update delays or limitations?
A: The employment data is released quarterly with a brief delay, and may be subject to revisions as more complete information becomes available.
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Deposit Money Bank Assets to GDP for Hungary
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Employment to Population Rate: All Ages: All Persons for Hungary
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHUADTTHUQ647S), retrieved from FRED.