Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Hungary
LFUNTTMAHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118,625.00
Year-over-Year Change
-54.74%
Date Range
1/1/1992 - 1/1/2024
Summary
This economic trend measures the unemployment rate among males aged 15 and older in Hungary. It provides key insights into the country's labor market dynamics 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: 15 Years or over for Hungary series tracks the monthly unemployment rate for working-age men in the country. This metric serves as an important indicator of economic conditions and can inform policy decisions aimed at promoting employment and supporting the labor force.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Policymakers and analysts use this trend to evaluate the health of the Hungarian economy and guide interventions to address labor market challenges.
Key Facts
- Hungary's male unemployment rate averaged 4.7% in 2021.
- The trend has shown a steady decline since the global financial crisis.
- Unemployment among men is generally lower than the overall rate in Hungary.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate among men aged 15 and older in Hungary.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the labor market conditions in Hungary and can inform economic policies and interventions.
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: Policymakers and analysts use this trend to evaluate the health of the Hungarian economy and guide interventions to address labor market challenges.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a short delay in availability.
Related Trends
Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Hungary
LMJVTTUVHUM647S
Producer Prices Index: Type of Goods: Investments Goods: Total for Hungary
PITGVG01HUM661N
Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Hungary
LFHU24TTHUA647N
National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for Hungary
HUNPFCEQDSMEI
Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels for Hungary
HUNCPHP0405GPM
Production: Manufacturing: Total Manufacturing for Hungary
HUNPRMNTO01GYSAM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Hungary (LFUNTTMAHUA647N), retrieved from FRED.