Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Hungary
LFUN74MAHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118,625.00
Year-over-Year Change
-54.74%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic indicator tracks the unemployment rate for Hungarian men aged 15 to 74. It provides valuable insights into the country's labor market and is closely monitored by economists and policymakers.
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: Unemployment Male: From 15 to 74 Years for Hungary measure the percentage of the Hungarian male population aged 15 to 74 who are jobless but actively seeking employment. This metric is a key barometer of the nation's economic health and labor force dynamics.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
This unemployment statistic informs economic policy decisions and analysis of Hungary's broader employment landscape.
Key Facts
- Hungary's male unemployment rate averaged 4.75% from 2000 to 2022.
- The highest recorded male unemployment rate in Hungary was 8.4% in 2010.
- The male unemployment rate in Hungary has declined steadily since the global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the unemployment rate for Hungarian men aged 15 to 74, providing insights into the country's labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: This unemployment statistic is a key indicator of Hungary's economic health and labor force participation, informing policy decisions and broader market analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: This unemployment metric informs economic policy decisions and analysis of Hungary's broader employment landscape.
Q: Are there update delays or limitations?
A: The data is updated regularly, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Hungary (LFUN74MAHUA647N), retrieved from FRED.