Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Portugal
Quarterly
PRTCP050000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.09
Year-over-Year Change
-140.58%
Date Range
1/1/1960 - 10/1/2023
Summary
The Quarterly Participation Rate measures the percentage of the total civilian noninstitutional population that is in the U.S. labor force. It is a key indicator of the size and activity of the workforce.
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 Quarterly Participation Rate represents the proportion of the working-age population that is either employed or actively seeking work. This metric is closely tracked by economists and policymakers to understand labor market dynamics and potential labor supply.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The participation rate is used to assess the health of the labor market and inform economic and workforce policies.
Key Facts
- The participation rate peaked at 67.3% in early 2000.
- The rate declined during the Great Recession, reaching a low of 62.4% in 2015.
- Participation has slowly recovered but remains below pre-recession levels.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Participation Rate measures the percentage of the civilian noninstitutional population that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The participation rate is a key indicator of labor market health and the size of the available workforce, which is crucial for economic analysis and policymaking.
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: The participation rate is used by economists and policymakers to assess the state of the labor market and inform decisions on economic and workforce policies.
Q: Are there update delays or limitations?
A: The Quarterly Participation Rate data is released with a short delay, typically around one month after the end of the reference quarter.
Related Trends
Real Residential Property Prices for Portugal
QPTR628BIS
Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for Portugal
CRDQPTAHABIS
Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Portugal
LFHUADTTPTM647S
Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Portugal
LFHUADMAPTQ647N
Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Portugal
PRTCP020000GPM
Bank Capital to Total Assets for Portugal
DDSI03PTA156NWDB
Citation
U.S. Federal Reserve, Quarterly Participation Rate (PRTCP050000GPQ), retrieved from FRED.