Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Portugal
LMJVTTUVPTQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,830.33
Year-over-Year Change
-3.83%
Date Range
1/1/1974 - 10/1/2023
Summary
This economic trend measures the total number of unfilled job vacancies in the Portuguese labor market. It provides valuable insights into labor demand and imbalances between employment and vacancies.
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 Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Portugal series tracks the volume of open positions that employers are seeking to fill across the entire Portuguese economy. This metric helps economists and policymakers analyze labor market dynamics and assess the health of the labor force.
Methodology
The data is collected through surveys of Portuguese businesses and labor agencies.
Historical Context
Trends in unfilled vacancies are closely monitored by economists and policymakers to inform employment and economic policies.
Key Facts
- Vacancy data is reported on a quarterly basis.
- Unfilled vacancies are a key metric of labor market tightness.
- Tracking vacancies helps identify skill mismatches and labor shortages.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of job vacancies that employers in Portugal are seeking to fill across the entire economy.
Q: Why is this trend relevant for users or analysts?
A: Tracking unfilled vacancies provides valuable insights into labor demand and labor market dynamics, which is crucial for economic policymaking and business decision-making.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Portuguese businesses and labor agencies.
Q: How is this trend used in economic policy?
A: Trends in unfilled vacancies are closely monitored by economists and policymakers to inform employment and economic policies.
Q: Are there update delays or limitations?
A: The vacancy data is reported on a quarterly basis, so there may be delays in the most recent figures.
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Citation
U.S. Federal Reserve, Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Portugal (LMJVTTUVPTQ647N), retrieved from FRED.