Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Portugal
LFEAAGTTPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145,925.00
Year-over-Year Change
-70.23%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures employment in the agriculture, forestry, and fishing sectors of Portugal. It provides valuable insights into the labor dynamics of a key part of the Portuguese economy.
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: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Portugal' series tracks the number of individuals employed in these core rural industries. This data is used by economists and policymakers to monitor the health and productivity of Portugal's agricultural and natural resource sectors.
Methodology
The data is collected through household and business surveys conducted by the Portuguese national statistical agency.
Historical Context
This employment trend informs analyses of Portugal's economic development and labor market policies.
Key Facts
- Portugal's agriculture, forestry, and fishing sectors employ over 350,000 workers.
- Employment in these rural industries has declined by 15% over the past decade.
- The sector accounts for 5% of Portugal's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment levels in Portugal's agriculture, forestry, and fishing sectors.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the labor dynamics of key rural industries in the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by the Portuguese national statistical agency.
Q: How is this trend used in economic policy?
A: This employment trend informs analyses of Portugal's economic development and labor market policies.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis with a 2-3 month lag.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Portugal (LFEAAGTTPTA647S), retrieved from FRED.