Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Portugal
Growth rate previous period, Annual, Not Seasonally Adjusted
LFACTTMAPTA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.17
Year-over-Year Change
-287.78%
Date Range
1/1/1975 - 1/1/2022
Summary
This economic trend measures the annual growth rate of the labor force, a key indicator of the size and composition of the working population.
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 annual labor force growth rate tracks changes in the total number of people employed or actively seeking employment. It is a widely followed metric for evaluating the strength and dynamism of the labor market.
Methodology
The data is calculated based on household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to gauge the underlying trends in the labor supply and workforce participation.
Key Facts
- The U.S. labor force grew by 1.1% in 2021.
- Labor force growth has averaged 0.6% annually over the past decade.
- Women's participation in the labor force has increased significantly in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual percentage change in the total U.S. labor force, which includes all employed individuals and those actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate is a key indicator of the health and dynamism of the labor market, providing insights into workforce participation, employment trends, and the overall size of the working population.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on monthly household surveys of the civilian noninstitutional population.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force growth to assess the strength of the labor market, inform workforce development initiatives, and guide macroeconomic policy decisions.
Q: Are there update delays or limitations?
A: The labor force growth data is published monthly with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFACTTMAPTA657N), retrieved from FRED.