Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for Hungary
LFIN24MAHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
326,600.00
Year-over-Year Change
0.68%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the number of males aged 15-24 in Hungary who are outside the labor force. It provides insights into youth labor market participation and is important for policymakers assessing employment and labor supply.
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: Persons Outside the Labor Force Male: From 15 to 24 Years for Hungary metric tracks the population of working-age Hungarian males not actively employed or seeking work. This data helps analysts understand labor force dynamics and workforce engagement among the youth demographic.
Methodology
The data is collected through household surveys by the Hungarian Central Statistical Office.
Historical Context
This trend is used by economists and policymakers to monitor labor market conditions and inform policies aimed at boosting youth employment.
Key Facts
- Hungary's youth labor force participation rate is below the OECD average.
- The number of young Hungarian males outside the labor force has declined in recent years.
- Increasing youth employment is a key policy priority for the Hungarian government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of males aged 15-24 in Hungary who are not actively employed or seeking work, providing insights into youth labor force participation.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding labor market dynamics and informing policies aimed at boosting youth employment in Hungary.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to monitor labor market conditions and inform policies focused on increasing youth employment in Hungary.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for Hungary (LFIN24MAHUQ647N), retrieved from FRED.