Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Hungary
LRUN74MAHUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.55
Year-over-Year Change
-59.90%
Date Range
1/1/1999 - 1/1/2024
Summary
This trend measures the unemployment rate for males aged 15 to 74 in Hungary. It provides key insights into labor market dynamics and is widely used by economists and 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
The Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Hungary is an important economic indicator that tracks the unemployment levels among working-age men in the country. It is a valuable metric for assessing the health of the Hungarian labor market and informing economic and social policies.
Methodology
The data is collected through national labor force surveys conducted by the Hungarian Central Statistical Office.
Historical Context
This trend is closely monitored by the Hungarian government, the European Union, and international economic organizations to guide employment policies and assess the country's economic performance.
Key Facts
- The unemployment rate for Hungarian men aged 15-74 was 4.1% in 2021.
- Unemployment among this demographic has declined steadily since the global financial crisis.
- Male unemployment in Hungary is consistently lower than the overall national rate.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate specifically for Hungarian men aged 15 to 74 years old. It provides insights into the labor market dynamics for this key working-age demographic.
Q: Why is this trend relevant for users or analysts?
A: The male unemployment rate is a critical indicator of labor market health and economic performance in Hungary. It informs policy decisions and is closely monitored by economists, government agencies, and international institutions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is used by the Hungarian government, the European Union, and other institutions to guide employment policies and assess the country's overall economic performance.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing timely insights into the Hungarian labor market.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Hungary
HUNCPHP1200IXOBM
Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Hungary
DDAM02HUA156NWDB
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 74 Years for Hungary
LREM74FEHUQ156S
Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Hungary
LRUN74MAHUA156S
Consumer Price Index: Harmonized Prices: All Items: Total for Hungary
CPHPTT01HUM657N
Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 64 Years for Hungary
LRUN64MAHUA156N
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Hungary (LRUN74MAHUA156N), retrieved from FRED.