Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for Hungary
LFWA25TTHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,926,856.00
Year-over-Year Change
-3.18%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for Hungary' trend measures the total working-age population between 25 and 54 years old in Hungary. This key demographic statistic provides insights into the labor force and economic productivity.
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
This trend represents the total population in Hungary that is of prime working age, which is a crucial factor for economic growth and labor market analysis. Policymakers and economists use this data to understand workforce dynamics and potential labor supply.
Methodology
The data is collected through national labor force surveys conducted by the Hungarian Central Statistical Office.
Historical Context
This trend is relevant for assessing the health and composition of Hungary's labor market and economy.
Key Facts
- Hungary's working-age population (25-54) was 4.8 million in 2022.
- This age group accounts for over 50% of Hungary's total population.
- The working-age population has seen modest growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people in Hungary who are between the ages of 25 and 54, which is considered the prime working-age population.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the size and composition of Hungary's labor force, which is crucial for understanding economic productivity, labor market dynamics, and policy planning.
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: Policymakers and economists use this data to assess the health and potential of Hungary's labor market, which informs decisions on economic policies, workforce development, and social programs.
Q: Are there update delays or limitations?
A: The data is updated on an infra-annual basis, with some potential for delays in publication due to the survey collection process.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for Hungary (LFWA25TTHUQ647S), retrieved from FRED.