Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Portugal
Quarterly, Seasonally Adjusted
LRHU24MAPTQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.33
Year-over-Year Change
-3.88%
Date Range
1/1/1983 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the average hours worked per week by production and non-supervisory employees in the manufacturing sector. This data provides insights into labor market dynamics and productivity.
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 indicator tracks the average number of hours worked per week by production and non-supervisory employees in the U.S. manufacturing industry on a quarterly, seasonally adjusted basis. It is a key metric used by economists and policymakers to assess labor market conditions and productivity trends.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Quarterly, Seasonally Adjusted trend is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and market analysis.
Key Facts
- The average manufacturing work week in the U.S. is around 40 hours.
- Manufacturing productivity growth has outpaced the overall economy in recent decades.
- Fluctuations in weekly hours can signal changes in labor demand and economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the average number of hours worked per week by production and non-supervisory employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market dynamics, productivity, and economic conditions in the manufacturing industry, which is a key driver of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Quarterly, Seasonally Adjusted trend is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of several weeks after the end of the reference period.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Portugal
PRTCP110000GYQ
Financial Market: Share Prices for Portugal
SPASTT01PTA661N
Consumer Price Index: All Items: Total for Portugal
CPALTT01PTM657N
Consumer Price Index: Communication (COICOP 08): Total for Portugal
PRTCP080000GPQ
Broad Effective Exchange Rate for Portugal
NBPTBIS
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Portugal
PRTFCLODCHXDC
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHU24MAPTQ156S), retrieved from FRED.