Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Portugal
Annual, Seasonally Adjusted
LRUN74MAPTA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.08
Year-over-Year Change
-63.65%
Date Range
1/1/1998 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the average unemployment rate in Malaysia over a 12-month period, adjusted for seasonal variations. This metric is a key indicator of the health and stability of the Malaysian 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 annual, seasonally adjusted unemployment rate for Malaysia provides a smoothed, long-term view of employment trends, removing the influence of predictable seasonal factors. Economists and policymakers use this metric to analyze broader labor market conditions and inform economic policies.
Methodology
The data is collected through household surveys and calculated as a 12-month average by Malaysia's Department of Statistics.
Historical Context
The Malaysian unemployment rate is closely monitored by the central bank and government to guide fiscal and monetary policies.
Key Facts
- Malaysia's annual unemployment rate averaged 3.3% from 2010-2020.
- The unemployment rate peaked at 4.5% in 2020 due to the COVID-19 pandemic.
- Malaysia's labor force participation rate was 68.4% as of 2021.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the average unemployment rate in Malaysia over a 12-month period, with adjustments made to account for predictable seasonal variations in the labor market.
Q: Why is this trend relevant for users or analysts?
A: This long-term, smoothed unemployment metric provides valuable insights into the overall health and stability of Malaysia's labor market, which is crucial for economic policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by Malaysia's Department of Statistics and calculated as a 12-month average with seasonal adjustments.
Q: How is this trend used in economic policy?
A: Malaysia's central bank and government closely monitor the annual, seasonally adjusted unemployment rate to inform fiscal and monetary policies aimed at promoting full employment and economic growth.
Q: Are there update delays or limitations?
A: There may be a short delay of several months before the latest annual, seasonally adjusted unemployment data is published and made available.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Portugal
PRTCP010000GYM
Gross Portfolio Debt Liabilities to GDP for Portugal
DDDM10PTA156NWDB
Infra-Annual Labor Statistics: Unemployment Total: From 55 to 64 Years for Portugal
LFUN55TTPTA647N
Harmonized Index of Consumer Prices: Overall Index Excluding Energy for Portugal
00XE00PTM086NEST
Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Portugal
LFEM74TTPTA657N
Broad Effective Exchange Rate for Portugal
NBPTBIS
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN74MAPTA156S), retrieved from FRED.