Infra-Annual Labor Statistics: Unemployment Total: From 15 to 74 Years for Hungary
Annual, Not Seasonally Adjusted
LFUN74TTHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
220,400.00
Year-over-Year Change
-53.42%
Date Range
1/1/1999 - 1/1/2024
Summary
This annual, not seasonally adjusted economic trend measures the total civilian labor force in the United States. It is a key indicator for economists and policymakers to analyze labor market conditions and 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 civilian labor force represents the total number of people aged 16 and over who are either employed or actively seeking work. This statistic is widely used to assess the size and participation rate of the U.S. workforce.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
The civilian labor force trend is closely monitored by the Federal Reserve and other institutions to inform economic and policy decisions.
Key Facts
- The U.S. civilian labor force totaled over 165 million people in 2022.
- Labor force participation rate was 62.2% as of December 2022.
- The civilian labor force has grown by over 10 million since 2012.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people aged 16 and over in the United States who are either employed or actively seeking work, known as the civilian labor force.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force is a key indicator of the size and participation rate of the U.S. workforce, which is closely monitored by economists, policymakers, and institutions to assess labor market conditions and inform economic decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: The civilian labor force trend is used by the Federal Reserve and other institutions to analyze labor market conditions and make informed policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually and may have a short delay in publication.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUN74TTHUA647N), retrieved from FRED.