Unemployment to Population Rate: All Ages: All Persons for Hungary
Annual, Not Seasonally Adjusted
LRUPTTTTHUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.59
Year-over-Year Change
96.10%
Date Range
1/1/1999 - 1/1/2013
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the unemployment rate in the United States on an annual, unadjusted basis. This metric is a key indicator of labor market conditions and economic performance.
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 unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This unadjusted annual figure provides insight into long-term labor market trends, in contrast to monthly seasonally adjusted data.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor the unemployment rate to inform economic and workforce development strategies.
Key Facts
- The annual unemployment rate averaged 3.7% in 2019.
- The rate peaked at 14.7% in April 2020 due to the COVID-19 pandemic.
- Long-term unemployment remains a key economic challenge.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the overall unemployment rate in the United States on an annual, unadjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into long-term labor market conditions and is a key indicator of economic performance that informs policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the unemployment rate to develop strategies for promoting employment and supporting the overall economy.
Q: Are there update delays or limitations?
A: The annual unemployment rate data is released with a short lag, typically a few months after the end of the calendar year.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Male: 15 Years or over for Hungary
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Firms with a Bank Loan or Line of Credit to Total Firms for Hungary
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Hungary
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Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Hungary
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Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Hungary
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUPTTTTHUA156N), retrieved from FRED.