Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 74 Years for Hungary
LFIN74FEHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,359,100.00
Year-over-Year Change
-31.01%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic indicator tracks the number of women aged 15 to 74 in Hungary who are outside the labor force. It provides insights into labor market participation and inactivity trends.
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 'Persons Outside the Labor Force Female: From 15 to 74 Years for Hungary' metric measures the population of working-age women in Hungary who are not actively employed or seeking employment. This data point is a key indicator of labor force participation and labor market dynamics.
Methodology
This data is collected through national labor force surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Economists and policymakers use this trend to analyze labor market conditions and workforce participation patterns in Hungary.
Key Facts
- The data is reported on a monthly basis.
- Hungary's female labor force participation rate is lower than the OECD average.
- Inactivity among working-age women is a key policy focus in Hungary.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of women aged 15 to 74 in Hungary who are outside the labor force, meaning they are not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into labor market participation and inactivity patterns among working-age women in Hungary, which is a key policy concern.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze labor force dynamics and inform policies aimed at increasing female workforce participation in Hungary.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with minimal delays, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 74 Years for Hungary (LFIN74FEHUA647N), retrieved from FRED.