Consumer Price Index: Transport (COICOP 07): Total for Portugal
Monthly
PRTCP070000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.11
Year-over-Year Change
1.82%
Date Range
1/1/1960 - 12/1/2023
Summary
The Participation Rate measures the percentage of the civilian noninstitutional population who are employed or actively seeking employment. It is a key indicator of the strength of the U.S. 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
The Participation Rate is an important labor force metric that shows the proportion of the working-age population that is economically active, either employed or actively looking for work. It is closely watched by economists and policymakers to gauge the overall health and utilization of the nation's workforce.
Methodology
The data is collected monthly through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The Participation Rate is used to inform economic and policy decisions related to employment, labor market trends, and the broader health of the U.S. economy.
Key Facts
- The Participation Rate reached a peak of 67.3% in early 2000.
- The Participation Rate declined from 66% in 2008 to 62.3% in 2015.
- Women's participation rate has increased from around 34% in the 1950s to over 57% today.
FAQs
Q: What does this economic trend measure?
A: The Participation Rate measures the percentage of the civilian noninstitutional population who are employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Participation Rate is a key indicator of the strength and utilization of the U.S. labor force, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected monthly 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 to inform economic and policy decisions related to employment, labor market trends, and the broader health of the U.S. economy.
Q: Are there update delays or limitations?
A: The Participation Rate data is released monthly with no significant update delays, providing timely insights into the U.S. labor force.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Portugal
LREM24FEPTQ156S
Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Portugal
LFEASETTPTA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing (Housing Excluding Imputed Rentals for Housing) for Portugal
PRTCPGRLH02GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Portugal
PRTCPHP1200GYM
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Portugal
PRTCP110000GPM
Harmonized Index of Consumer Prices: Goods (Overall Index Excluding Services) for Portugal
GOODS0PTM086NEST
Citation
U.S. Federal Reserve, Participation Rate (PRTCP070000IXNBM), retrieved from FRED.