Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Portugal
LFAC64MAPTA647S • 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
This economic trend measures the labor force participation rate for males aged 15 to 64 in Portugal. It provides valuable insights into the composition and dynamics of the Portuguese 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 Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Portugal is a key indicator used by economists and policymakers to understand the employment landscape and labor market conditions in the country. It tracks the working-age male population's participation in the labor force.
Methodology
The data is collected through household surveys conducted by the national statistical agency.
Historical Context
This trend is closely monitored by the Portuguese government and the European Union to inform economic and labor market policies.
Key Facts
- Portugal's male labor force participation rate was 85.4% in 2021.
- The rate has remained relatively stable over the past decade.
- Tracking this trend helps policymakers understand workforce dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for males aged 15 to 64 in Portugal. It provides insights into the size and composition of the working-age male population in the labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of labor market conditions and workforce dynamics in Portugal. It is closely monitored by economists, policymakers, and analysts to inform economic and labor market policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the national statistical agency in Portugal.
Q: How is this trend used in economic policy?
A: The Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Portugal is used by the Portuguese government and the European Union to analyze workforce participation and inform employment-related policies.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, with some potential for short delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Portugal (LFAC64MAPTA647S), retrieved from FRED.