Infra-Annual Labor Statistics: Working-Age Population Male: 15 Years or over for Hungary
Quarterly, Seasonally Adjusted
LFWATTMAHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,805,199.00
Year-over-Year Change
-0.25%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the civilian labor force participation rate in the U.S. state of Hawaii on a quarterly, seasonally adjusted basis. It provides insight into the overall strength and utilization of the state's workforce.
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 participation rate represents the proportion of the civilian noninstitutional population that is either employed or actively seeking employment. This key economic indicator helps analyze labor market dynamics and assess the health of the local economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to inform decisions and forecasts related to employment, economic growth, and workforce development in Hawaii.
Key Facts
- Hawaii's labor force participation rate was 61.8% in Q4 2022.
- The rate has fluctuated between 60-64% over the past 5 years.
- Hawaii's participation rate is lower than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate in the U.S. state of Hawaii on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate provides insight into the overall strength and utilization of Hawaii's workforce, which is a key indicator of the state's economic health.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to inform decisions and forecasts related to employment, economic growth, and workforce development in Hawaii.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a slight delay, typically 1-2 months after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWATTMAHUQ647S), retrieved from FRED.