Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 64 Years for Hungary
Annual, Not Seasonally Adjusted
LFWA64MAHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,074,925.00
Year-over-Year Change
-6.60%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate in the United States. It provides important insights into long-term labor market dynamics.
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 annual, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment over a 12-month period. This metric offers a broader perspective on labor market trends compared to monthly, seasonally adjusted data.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this unemployment measure to assess the overall health of the labor market.
Key Facts
- The annual unemployment rate averaged 3.7% in 2019 before the COVID-19 pandemic.
- Unemployment rates tend to be higher in the annual, not seasonally adjusted data compared to the monthly, seasonally adjusted figures.
- This metric provides a longer-term perspective on labor market trends that is less affected by short-term fluctuations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in the United States, which tracks the percentage of the civilian labor force that is jobless but actively seeking employment over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a broader perspective on long-term labor market dynamics compared to monthly, seasonally adjusted data, providing important insights for policymakers and economists assessing the overall health of the job market.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this unemployment measure to assess the overall health of the labor market and inform policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment data is subject to the same update schedule and potential limitations as the monthly, seasonally adjusted figures published by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA64MAHUA647N), retrieved from FRED.