Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Portugal
Quarterly, Not Seasonally Adjusted
LRUN64TTPTQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.80
Year-over-Year Change
9.68%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic indicator measures the civilian labor force participation rate on a quarterly basis without seasonal adjustments. It provides insights into the size and composition of the U.S. 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
The civilian 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 unadjusted, quarterly metric offers a broad view of labor market trends and dynamics.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor labor force participation to assess the health and utilization of the U.S. workforce.
Key Facts
- The labor force participation rate was 62.2% in Q4 2022.
- Participation rates tend to decline during economic recessions.
- Women have lower participation rates than men on average.
FAQs
Q: What does this economic trend measure?
A: The civilian labor force participation rate represents the percentage of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: Labor force participation is a key indicator of the overall health and utilization of the U.S. workforce, providing insights into employment, economic productivity, and labor market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force participation to assess the strength of the labor market and inform decisions around monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The quarterly, unadjusted labor force participation data is released with a lag of approximately one month following the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN64TTPTQ156N), retrieved from FRED.