Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Portugal
LFACTTMAPTQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.48
Year-over-Year Change
-69.69%
Date Range
4/1/1998 - 7/1/2023
Summary
This economic trend measures the size of the male labor force aged 15 and older in Portugal. It is a key indicator of workforce participation and labor market dynamics.
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: 15 Years or over for Portugal tracks the total number of males aged 15 and older who are either employed or actively seeking work in the Portuguese labor market. This metric provides insights into workforce composition and participation trends.
Methodology
The data is collected through household surveys conducted by the Portuguese national statistical agency.
Historical Context
This labor force metric is widely used by economists, policymakers, and market analysts to assess the health and outlook of the Portuguese economy.
Key Facts
- Portugal's male labor force is over 3 million workers.
- The male labor force participation rate in Portugal is around 75%.
- This metric has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of males aged 15 and older who are employed or actively seeking work in the Portuguese labor force.
Q: Why is this trend relevant for users or analysts?
A: This labor force metric provides important insights into the size, composition, and participation trends of the Portuguese workforce, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Portuguese national statistical agency.
Q: How is this trend used in economic policy?
A: This labor force metric is widely used by economists, policymakers, and market analysts to assess the health and outlook of the Portuguese economy.
Q: Are there update delays or limitations?
A: The data is published on a regular, intra-annual basis with minimal delays, providing timely insights into the Portuguese labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Portugal (LFACTTMAPTQ657S), retrieved from FRED.