Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Portugal
Quarterly, Seasonally Adjusted
LRUN24MAPTQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.08
Year-over-Year Change
-6.42%
Date Range
1/1/1998 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the U.S. civilian labor force participation rate on a quarterly basis, adjusted for seasonal variations. This key economic indicator provides insights into labor market dynamics and workforce engagement.
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 labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. This measure is widely used by economists and policymakers to assess the health and utilization of the U.S. labor market.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
The labor force participation rate is a crucial input for economic analysis and policy decisions related to employment, workforce, and macroeconomic conditions.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for older workers and women compared to younger adults and men.
- Declining participation can signal economic challenges or structural shifts in the labor market.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and utilization of the U.S. labor market, providing insights into workforce engagement and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for economic analysis and policy decisions related to employment, workforce, and macroeconomic conditions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN24MAPTQ156S), retrieved from FRED.