Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Portugal
LRAC25MAPTA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.03
Year-over-Year Change
3.30%
Date Range
1/1/1998 - 1/1/2024
Summary
The Labor Force Participation Rate Male: From 25 to 54 Years for Portugal measures the percentage of Portuguese men aged 25 to 54 who are actively employed or seeking work. This metric provides insight into the economic activity and labor market dynamics within this key demographic.
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
This economic trend represents the proportion of Portuguese men between the ages of 25 and 54 who are either employed or actively searching for employment. It serves as an important indicator of labor market participation and the overall health of the Portuguese economy.
Methodology
The data is collected through household surveys conducted by national statistical agencies.
Historical Context
Policymakers and economists closely monitor this trend to assess labor market conditions and inform economic and employment policies.
Key Facts
- The labor force participation rate for Portuguese men aged 25-54 was 91.7% in 2022.
- This trend has remained relatively stable over the past decade, fluctuating between 90-92%.
- Portugal's male labor force participation rate is higher than the OECD average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Portuguese men aged 25 to 54 who are either employed or actively seeking work, providing insight into labor market participation for this key demographic.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of the health and dynamics of the Portuguese labor market, and is closely monitored by policymakers and economists to inform economic and employment policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess labor market conditions and make informed decisions on policies related to employment, workforce development, and economic growth.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but may be subject to occasional delays or revisions by the collecting agencies.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Portugal (LRAC25MAPTA156N), retrieved from FRED.