Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Portugal
LFACTTMAPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,760,925.00
Year-over-Year Change
-1.07%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Portugal' measures the size and participation of the male labor force in Portugal aged 15 and above. This key economic indicator provides insights into the country's workforce dynamics.
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 series tracks the male labor force in Portugal, which includes all working-age men either employed or actively seeking work. It is an important metric for understanding labor market trends and informing economic and workforce development policies.
Methodology
The data is collected through national labor force surveys conducted by the Portuguese statistical agency.
Historical Context
Policymakers and analysts use this indicator to monitor male labor force participation and assess the overall health of the Portuguese economy.
Key Facts
- Portugal's male labor force was 3.23 million in 2021.
- The male labor force participation rate in Portugal was 68.7% in 2021.
- Portugal's male labor force has grown by 0.7% annually on average over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size and participation of the male labor force in Portugal aged 15 and above.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the dynamics of Portugal's workforce, which is crucial for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Portuguese statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor male labor force participation and assess the overall health of the Portuguese economy.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in availability due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Portugal (LFACTTMAPTA647N), retrieved from FRED.