Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Portugal
LREM24MAPTQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.24
Year-over-Year Change
14.31%
Date Range
1/1/1998 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Portugal tracks the monthly employment rate for Portuguese men aged 15 to 24. This key indicator provides insight into the state of the country's youth labor market.
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 data series measures the percentage of Portuguese men aged 15 to 24 who are employed. It is a valuable indicator of the economic opportunities and challenges facing young workers in the country.
Methodology
The data is collected through household labor force surveys conducted by the Portuguese National Statistics Institute.
Historical Context
Policymakers and economists monitor this metric to assess the health of the Portuguese labor market and develop appropriate employment policies.
Key Facts
- Portugal's youth employment rate averaged 36.8% in 2021.
- The employment rate for young Portuguese men declined during the COVID-19 pandemic.
- Youth unemployment remains a persistent challenge in the Portuguese labor market.
FAQs
Q: What does this economic trend measure?
A: This data series measures the monthly employment rate for Portuguese men aged 15 to 24 years old.
Q: Why is this trend relevant for users or analysts?
A: The youth employment rate is a key indicator of the health and opportunities in the Portuguese labor market, especially for young workers.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys conducted by the Portuguese National Statistics Institute.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to assess the Portuguese labor market and develop appropriate employment policies, especially for young workers.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be lags in reporting and potential revisions to previous figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Portugal (LREM24MAPTQ156S), retrieved from FRED.