Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Hungary
Annual, Seasonally Adjusted
LRHUTTFEHUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.33
Year-over-Year Change
-56.63%
Date Range
1/1/1996 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the unemployment rate for the total civilian labor force in the United States. This key economic indicator provides insights into the overall health and stability of the U.S. labor market.
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
This series tracks the percentage of the total civilian labor force that is unemployed but actively seeking work, adjusted for seasonal variations. Economists and policymakers closely monitor this trend to assess employment conditions and guide fiscal and monetary policies.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical metric used by the Federal Reserve and other institutions to inform economic decision-making and monetary policy.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has returned to pre-pandemic levels, reaching 3.5% in December 2022.
- Stable, low unemployment is a key goal of the Federal Reserve's dual mandate of price stability and full employment.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the percentage of the total civilian labor force in the United States that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical economic indicator that provides insights into the overall health and stability of the U.S. labor market, which is closely monitored by economists, policymakers, and financial analysts.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key metric used by the Federal Reserve and other institutions to inform economic decision-making and monetary policy, as stable, low unemployment is a primary goal of the Fed's dual mandate.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly by the Bureau of Labor Statistics, with a typical one-month delay between the reference period and the public release.
Related Trends
Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Hungary
HUNCPGRHO02GPM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Hungary
HUNCPIALLAINMEI
Liquid Liabilities to GDP for Hungary
DDDI05HUA156NWDB
Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Hungary
HUNPERMITAISMEI
Infra-Annual Labor Statistics: Unemployment Rate Total: From 25 to 54 Years for Hungary
LRUN25TTHUQ156S
Unemployment to Population Rate: All Ages: Males for Hungary
LRUPTTMAHUQ156S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHUTTFEHUA156S), retrieved from FRED.