Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Portugal
Seasonally Adjusted
LREM74MAPTA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.43
Year-over-Year Change
17.98%
Date Range
1/1/1998 - 1/1/2024
Summary
The Seasonally Adjusted series measures the unemployment rate for men aged 20 and over, adjusted for seasonal variations. This metric is crucial for economists and policymakers to analyze labor market trends and inform economic policy decisions.
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 Seasonally Adjusted unemployment rate for men aged 20 and over is a key economic indicator used to track the health of the labor market. It accounts for recurring seasonal patterns, such as increased hiring during the holiday season, to provide a more accurate representation of underlying employment conditions.
Methodology
The data is collected through the Current Population Survey and adjusted using statistical methods to remove seasonal fluctuations.
Historical Context
This trend is widely monitored by government agencies, central banks, and market analysts to assess the state of the economy and guide policy interventions.
Key Facts
- The unemployment rate for men aged 20 and over is a leading indicator of overall economic health.
- Seasonal adjustments help identify underlying employment trends beyond temporary fluctuations.
- Policymakers use this data to inform decisions on interest rates, stimulus, and other economic interventions.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the unemployment rate for men aged 20 and over, with seasonal variations removed to provide a clearer picture of underlying labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for economists and policymakers to analyze labor market dynamics and make informed decisions about economic policies and interventions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey and adjusted using statistical methods to remove seasonal fluctuations.
Q: How is this trend used in economic policy?
A: Government agencies, central banks, and market analysts closely monitor this trend to assess the state of the economy and guide policy decisions on interest rates, stimulus, and other economic interventions.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted unemployment rate for men aged 20 and over is published monthly with minimal delay, providing timely insights into labor market conditions.
Related Trends
Labor Compensation: Earnings: Manufacturing: Hourly for Portugal
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Population ages 65 and above for Portugal
SPPOP65UPTOZSPRT
Consumer Price Index: Harmonized Prices: Restaurants and Hotels (COICOP 11): Total for Portugal
PRTCPHP1100IXEBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Portugal
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Producer Prices Index: Economic Activities: Manufacturing: Domestic for Portugal
PRTPPDMMINMEI
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Portugal
LREMTTFEPTA156S
Citation
U.S. Federal Reserve, Seasonally Adjusted (LREM74MAPTA156S), retrieved from FRED.