Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Hungary
Quarterly, Not Seasonally Adjusted
LRAC25MAHUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.70
Year-over-Year Change
0.64%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the unit labor costs for the U.S. manufacturing sector on a quarterly basis. It is a key indicator of productivity and inflation pressures within the manufacturing industry.
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
Unit labor costs represent the average cost of labor per unit of output and are calculated by dividing total labor costs by real output. This metric is widely used by economists and policymakers to assess the competitiveness of U.S. manufacturing.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in unit labor costs provide insights into inflationary pressures and the overall health of the manufacturing sector, which is crucial for economic policy decisions.
Key Facts
- Quarterly, not seasonally adjusted data
- Measures average labor costs per unit of output
- Indicates manufacturing sector competitiveness
FAQs
Q: What does this economic trend measure?
A: This trend measures the unit labor costs for the U.S. manufacturing sector on a quarterly basis, which represents the average cost of labor per unit of output.
Q: Why is this trend relevant for users or analysts?
A: Trends in unit labor costs provide important insights into productivity, inflation pressures, and the overall competitiveness of the U.S. manufacturing sector, which is crucial information for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in unit labor costs are closely monitored by policymakers and economists as an indicator of inflationary pressures and the health of the manufacturing sector, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, so there may be a delay of several months before the latest information is available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC25MAHUQ156N), retrieved from FRED.