Unemployment to Population Rate: All Ages: All Persons for Portugal
LRUPTTTTPTQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.63
Year-over-Year Change
-5.18%
Date Range
1/1/1998 - 10/1/2014
Summary
The Unemployment to Population Rate measures the percentage of the total population in Portugal that is unemployed. This provides a comprehensive view of labor market conditions beyond just the unemployment rate.
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 Unemployment to Population Rate tracks the share of the overall population in Portugal that is jobless and actively seeking work. This metric gives a more complete picture of labor force participation compared to the unemployment rate alone.
Methodology
This data is collected through household surveys conducted by the Portuguese National Statistics Institute.
Historical Context
Policymakers and economists use this metric to assess the health of the Portuguese labor market and evaluate the effects of economic policies.
Key Facts
- Portugal's Unemployment to Population Rate was 5.1% as of the latest data.
- The rate has declined from a peak of 7.6% during the Eurozone debt crisis.
- Tracking this metric provides a more comprehensive view of labor market health than the unemployment rate alone.
FAQs
Q: What does this economic trend measure?
A: The Unemployment to Population Rate measures the percentage of the total population in Portugal that is unemployed and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric gives a more complete picture of labor force participation compared to the unemployment rate, providing valuable insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Portuguese National Statistics Institute.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the overall health of the Portuguese labor market and evaluate the effects of economic policies.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Portuguese statistical agency, with minimal update delays.
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Citation
U.S. Federal Reserve, Unemployment to Population Rate: All Ages: All Persons for Portugal (LRUPTTTTPTQ156S), retrieved from FRED.