Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 74 Years for Hungary
Annual, Seasonally Adjusted
LREM74FEHUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.20
Year-over-Year Change
34.08%
Date Range
1/1/1999 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted labor force participation rate for females aged 16 years and over in the United States. It is a key indicator of the size and composition of the civilian labor force.
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 labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking employment. This metric is widely used by economists and policymakers to assess labor market dynamics and inform economic policy decisions.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Trends in the female labor force participation rate are closely monitored by the Federal Reserve and other institutions to gauge the strength of the labor market and broader economic conditions.
Key Facts
- The female labor force participation rate reached a peak of 60.3% in 2000.
- Participation rates are typically lower for women than men due to factors like caregiving responsibilities.
- The rate declined during the Great Recession but has been slowly recovering since 2015.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted labor force participation rate for females aged 16 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: The female labor force participation rate is a key indicator of labor market dynamics and the overall strength of the economy. It is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Trends in the female labor force participation rate are used by the Federal Reserve and other institutions to assess the state of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: This series is updated monthly by the Federal Reserve, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM74FEHUA156S), retrieved from FRED.