Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Portugal
LFAC74MAPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,740,450.00
Year-over-Year Change
5.83%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the size of the labor force for males aged 15 to 74 in Portugal. It provides important insights into the country's workforce dynamics and labor market conditions.
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 Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Portugal tracks the number of working-age men participating in the Portuguese labor market. This data series is a key indicator of the country's economic activity and can inform policy decisions related to employment, workforce development, and social welfare programs.
Methodology
The data is collected through household surveys conducted by the national statistical agency.
Historical Context
Policymakers and economists use this trend to monitor labor force participation and assess the health of the Portuguese economy.
Key Facts
- Portugal's male labor force includes over 3 million workers.
- The labor force participation rate for Portuguese men aged 15-74 is around 75%.
- Trends in this statistic can signal changes in economic growth and employment levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of the labor force for males aged 15 to 74 in Portugal. It provides data on the number of working-age men participating in the Portuguese labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of the health and dynamics of the Portuguese economy. It can inform policy decisions related to employment, workforce development, and social welfare programs.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the national statistical agency in Portugal.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor labor force participation and assess the overall state of the Portuguese economy. It can inform decisions related to employment, workforce development, and social programs.
Q: Are there update delays or limitations?
A: There may be some delay in the release of this data, as it is collected through a survey process. Additionally, the data may not fully capture all forms of labor force participation in Portugal.
Related Trends
Leading Indicators OECD: Component series: Employment - Unemployment: Normalised for Portugal
PRTLOCOEMNOSTSAM
Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for Portugal
LFAC25FEPTQ647S
Harmonized Index of Consumer Prices: Fully Administered Prices for Portugal
APFULLPTM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Portugal
PRTCPHPEN01GYM
Consumer Price Index: Harmonized Prices: Restaurants and Hotels (COICOP 11): Total for Portugal
PRTCPHP1100GPM
Consumer Price Index: Harmonized Prices: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Portugal
PRTCPHP0200IXEBM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Portugal (LFAC74MAPTA647N), retrieved from FRED.