Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Portugal
Quarterly, Not Seasonally Adjusted
LRUN74TTPTQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.60
Year-over-Year Change
8.20%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the civilian labor force participation rate in the U.S. on a quarterly, not seasonally adjusted basis. It provides insights into labor market dynamics and workforce trends.
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 older that is either employed or actively seeking work. It is a key metric used by economists and policymakers to assess the health and utilization of the U.S. labor force.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers closely monitor this trend to inform economic and employment policies.
Key Facts
- The current U.S. civilian labor force participation rate is around 62%.
- The rate peaked at over 67% in the early 2000s.
- Participation has declined since the 2008 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian noninstitutional population aged 16 and older that is either employed or actively seeking work.
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 force, providing insights into workforce trends and dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to inform economic and employment policies, as it reflects the overall size and engagement of the working-age population.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN74TTPTQ156N), retrieved from FRED.