Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Portugal
LFHUADFEPTM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142,000.00
Year-over-Year Change
-5.33%
Date Range
1/1/1998 - 11/1/2023
Summary
This economic trend measures the monthly unemployment rate for females aged 25 and over in Portugal. It provides insight into the labor market conditions and workforce participation for this demographic group.
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 Harmonized Unemployment rate is a standardized metric used across OECD countries to track joblessness. This specific series focuses on the unemployment experience of Portuguese women in the prime working years, which is a key indicator of the country's economic health and social well-being.
Methodology
The data is collected through household surveys conducted by the Portuguese National Statistics Institute.
Historical Context
Policymakers and economists analyze this trend to inform decisions around employment, social programs, and economic policy.
Key Facts
- Portugal's female unemployment rate averaged 9.3% in 2021.
- Unemployment is higher among women than men in Portugal.
- The rate has declined from a peak of 16.5% in 2013.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for women aged 25 and over in Portugal. It provides insight into the labor market conditions for this demographic group.
Q: Why is this trend relevant for users or analysts?
A: The female unemployment rate is a key indicator of economic and social well-being, informing policy decisions around employment, social programs, and economic development.
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: Policymakers and economists analyze this trend to inform decisions around employment, social programs, and broader economic policy in Portugal.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Portugal (LFHUADFEPTM647N), retrieved from FRED.