Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Portugal
Index 2015=100
PRTCPIHICMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.12
Year-over-Year Change
2.10%
Date Range
1/1/1990 - 4/1/2025
Summary
This index measures the participation rate for the civilian population age 15-64 in the International Labour Organization's (ILO) harmonized dataset. It is a key labor market indicator for economists and policymakers.
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 the proportion of the working-age population that is either employed or actively seeking work. It provides insight into the size of the labor force and reflects economic opportunities and incentives for people to work.
Methodology
The data is collected through household labor force surveys and compiled by the ILO.
Historical Context
The participation rate is used to assess the strength of the labor market and can inform policy decisions related to employment, social programs, and economic growth.
Key Facts
- The global participation rate averaged 59% in 2021.
- The U.S. participation rate was 61.7% as of December 2022.
- Participation rates tend to decline during economic downturns.
FAQs
Q: What does this economic trend measure?
A: This index measures the proportion of the working-age population that is either employed or actively seeking work, known as the labor force participation rate.
Q: Why is this trend relevant for users or analysts?
A: The participation rate is a key indicator of labor market strength and the size of the available workforce, which is crucial for understanding economic growth and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys and compiled by the International Labour Organization (ILO).
Q: How is this trend used in economic policy?
A: The participation rate is used by economists, policymakers, and institutions to assess the health of the labor market and inform decisions on employment, social programs, and economic growth policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delays in data reporting and compilation by the ILO.
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Citation
U.S. Federal Reserve, Participation Rate, 15-64, Total (PRTCPIHICMINMEI), retrieved from FRED.