Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Hungary
LRHUTTMAHUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
2.33%
Date Range
1/1/1996 - 6/1/2025
Summary
The Monthly Unemployment Rate Male: 15 Years or over for Hungary measures the percentage of the male labor force aged 15 and older in Hungary who are without jobs but actively seeking work. This metric is a key indicator of labor market conditions and economic health.
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 unemployment rate series provides a timely snapshot of the Hungarian job market, focusing specifically on males aged 15 and above. It is widely used by economists, policymakers, and analysts to assess the strength of the economy and inform decisions around fiscal and monetary policy.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
Policymakers monitor this unemployment rate to gauge the effectiveness of economic and labor market interventions.
Key Facts
- Hungary's male unemployment rate averaged 3.3% from 2010-2020.
- The highest recorded male unemployment rate in Hungary was 5.7% in 2010.
- Male unemployment is typically lower than female unemployment in Hungary.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for males aged 15 and over in Hungary. It indicates the percentage of the male labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The male unemployment rate is a key indicator of labor market conditions and overall economic health in Hungary. It helps policymakers and analysts assess the strength of the job market and inform decisions around fiscal and monetary policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers monitor this unemployment rate to gauge the effectiveness of economic and labor market interventions and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a short delay in availability depending on the release schedule of the Hungarian Central Statistical Office.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Hungary (LRHUTTMAHUM156N), retrieved from FRED.