Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Portugal
LRUN74MAPTQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.98
Year-over-Year Change
11.95%
Date Range
1/1/1998 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Portugal measures the percentage of the male working-age population in Portugal that is unemployed. This key indicator provides insights into the health of the Portuguese labor market and informs economic and 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
This economic series tracks the unemployment rate for Portuguese men aged 15 to 74, providing a granular view of the country's labor force dynamics. Economists and policymakers use this data to assess employment trends, evaluate the effectiveness of labor market interventions, and make informed decisions about fiscal and monetary policies.
Methodology
The data is collected through comprehensive household surveys conducted by the Portuguese statistical agency.
Historical Context
This unemployment rate metric is closely monitored by the European Central Bank and other international institutions to gauge the economic conditions in Portugal.
Key Facts
- Portugal's male unemployment rate averaged 7.8% from 2010-2020.
- The unemployment rate for Portuguese men peaked at 10.6% in 2013 during the European debt crisis.
- Unemployment rates tend to be higher for younger male workers in Portugal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the male working-age population in Portugal that is unemployed, providing insights into the country's labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: This unemployment rate metric is closely watched by economists, policymakers, and international institutions to assess the health of the Portuguese labor market and inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive household surveys conducted by the Portuguese statistical agency.
Q: How is this trend used in economic policy?
A: The European Central Bank and other institutions monitor this unemployment rate to gauge economic conditions in Portugal and inform their policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be occasional delays or revisions due to the underlying survey methodology.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Portugal (LRUN74MAPTQ156S), retrieved from FRED.