Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Portugal
Monthly, Seasonally Adjusted
LFHUADMAPTM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116,000.00
Year-over-Year Change
-3.33%
Date Range
1/1/1983 - 11/1/2023
Summary
This series measures the monthly, seasonally adjusted unemployment rate for the population ages 25-54 in the United States. This metric is a key indicator of labor market health and a core focus for policymakers.
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 monthly, seasonally adjusted unemployment rate for adults ages 25-54 provides insight into the strength and stability of the prime-age U.S. labor force. Economists and policymakers analyze this data to gauge overall employment conditions and make informed decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The prime-age unemployment rate is a critical input for the Federal Reserve and other agencies when evaluating the state of the economy and considering policy actions.
Key Facts
- The current prime-age unemployment rate is 3.2%.
- The rate has declined from a pandemic high of 12.7% in April 2020.
- Prime-age workers make up over half of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly, seasonally adjusted unemployment rate for the U.S. population aged 25-54, known as the 'prime-age' workforce.
Q: Why is this trend relevant for users or analysts?
A: The prime-age unemployment rate is a key indicator of overall labor market health and a core focus for policymakers and economists assessing the state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The prime-age unemployment rate is a critical input for the Federal Reserve and other agencies when evaluating the economy and considering policy actions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFHUADMAPTM647S), retrieved from FRED.