Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Hungary
Quarterly, Not Seasonally Adjusted
LREM24TTHUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.60
Year-over-Year Change
-0.37%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the percentage of Americans aged 24 to 55 who are employed. It provides insights into the labor force participation and employment levels for working-age adults.
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 Quarterly, Not Seasonally Adjusted employment-population ratio tracks the proportion of the civilian non-institutional population aged 24 to 55 who are employed. This metric is a key indicator of labor market health and economic activity.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and analysts use this trend to assess the strength of the labor market and make informed decisions about economic and employment-related policies.
Key Facts
- The average employment-population ratio for ages 24-55 is around 80%.
- This metric tends to decline during economic recessions.
- The ratio has recovered to pre-pandemic levels as of 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population aged 24 to 55 who are employed. It provides insights into labor force participation and employment levels for working-age adults.
Q: Why is this trend relevant for users or analysts?
A: The employment-population ratio is a key indicator of labor market health and economic activity. It helps policymakers and analysts assess the strength of the job market and make informed decisions about economic and employment-related policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the state of the labor market and inform decisions about fiscal, monetary, and employment-related policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM24TTHUQ156N), retrieved from FRED.