Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Portugal
LFEM24MAPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
157,925.00
Year-over-Year Change
13.62%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures employment levels among males aged 15 to 24 in Portugal. It provides valuable insights into youth labor market dynamics and workforce participation.
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 Male: From 15 to 24 Years for Portugal series tracks the number of employed Portuguese men between the ages of 15 and 24. This data is used by economists and policymakers to analyze trends in youth employment and labor force participation.
Methodology
The data is collected through household surveys conducted by the Portuguese National Statistics Institute.
Historical Context
This trend informs decisions around labor and economic policies targeted at Portugal's youth workforce.
Key Facts
- Portugal's youth employment rate is below the OECD average.
- Male youth make up over 50% of Portugal's employed 15-24 population.
- Youth unemployment remains a persistent challenge in the Portuguese economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels among Portuguese males aged 15 to 24 years old.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into youth labor market dynamics and workforce participation in Portugal, which is crucial for informing economic and social policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Portuguese National Statistics Institute.
Q: How is this trend used in economic policy?
A: This trend informs decisions around labor and economic policies targeted at Portugal's youth workforce.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Portuguese statistical agency, but may be subject to revision and publication lags.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Portugal (LFEM24MAPTA647N), retrieved from FRED.