Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Portugal
Annual, Not Seasonally Adjusted
LFAC64MAPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,626,775.00
Year-over-Year Change
3.78%
Date Range
1/1/1998 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the annual labor force participation rate in Argentina. This key economic indicator provides insights into the size and composition of Argentina's workforce.
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 labor force participation rate represents the percentage of the working-age population that is either employed or actively seeking work. This metric is widely used by economists and policymakers to analyze labor market dynamics and workforce engagement.
Methodology
The data is collected through household surveys conducted by the National Institute of Statistics and Censuses of Argentina.
Historical Context
The labor force participation rate is a crucial input for evaluating economic growth, employment, and social welfare policies in Argentina.
Key Facts
- Argentina's labor force participation rate was 60.3% in 2021.
- The rate has fluctuated between 58-62% over the past decade.
- Women's participation is lower than men's, at around 48% in 2021.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the percentage of Argentina's working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the size and engagement of Argentina's workforce, providing insights into economic activity, employment, and social welfare.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Argentina's National Institute of Statistics and Censuses.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by economists and policymakers in Argentina to evaluate economic growth, employment levels, and the effectiveness of labor market policies.
Q: Are there update delays or limitations?
A: The data is published annually with a brief delay, and may not fully capture seasonal or short-term fluctuations in Argentina's labor force.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC64MAPTA647N), retrieved from FRED.