Infra-Annual Labor Statistics: Unemployment Rate Female: From 25 to 54 Years for Hungary
LRUN25FEHUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.73
Year-over-Year Change
-61.65%
Date Range
1/1/1999 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Unemployment Rate Female: From 25 to 54 Years for Hungary measures the unemployment rate for working-age women in Hungary. This metric is crucial for assessing the state of the Hungarian labor market and informing policymakers.
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 economic indicator tracks the percentage of women aged 25 to 54 in Hungary who are actively seeking work but unable to find employment. It provides insight into the participation and opportunities for a key demographic within the workforce.
Methodology
The data is collected through household surveys conducted by the Hungarian Central Statistical Office.
Historical Context
This unemployment rate is used by economists, policymakers, and institutions to evaluate the health of the Hungarian economy and inform labor market policies.
Key Facts
- Hungary's female unemployment rate from 25-54 years old was 3.4% in 2021.
- The unemployment rate for this demographic has declined by 1.2 percentage points since 2016.
- Female unemployment in Hungary is lower than the EU average for this age group.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the unemployment rate for women aged 25 to 54 in Hungary, providing insight into the labor force participation and job opportunities for this key demographic.
Q: Why is this trend relevant for users or analysts?
A: The female unemployment rate is a crucial metric for evaluating the health of the Hungarian labor market and informing policies to promote workforce participation and gender equity.
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: Economists, policymakers, and institutions use this unemployment rate to assess the state of the Hungarian economy and inform labor market policies aimed at improving employment opportunities.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule with minimal delays, providing timely information on this important economic indicator.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Female: From 25 to 54 Years for Hungary (LRUN25FEHUA156S), retrieved from FRED.