Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Portugal
LFACTTTTPTQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,534,978.00
Year-over-Year Change
6.26%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Portugal' series measures the total labor force in Portugal aged 15 and older. This key economic indicator provides insights into the size and dynamics of the Portuguese 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
This data series tracks the total labor force in Portugal, including both employed and unemployed individuals aged 15 and above. It is a crucial metric for understanding the overall health and activity of the Portuguese economy and labor market.
Methodology
The data is collected through household surveys conducted by the Portuguese National Statistics Institute.
Historical Context
Policymakers and economists use this metric to inform labor and economic policies.
Key Facts
- The labor force in Portugal totaled over 5.3 million in 2022.
- Portugal's labor force participation rate was 61.4% as of Q4 2022.
- The Portuguese labor force has grown by 2.3% since 2018.
FAQs
Q: What does this economic trend measure?
A: This series measures the total labor force in Portugal aged 15 and older, including both employed and unemployed individuals.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the overall size and dynamics of the Portuguese workforce, which is essential for understanding the health and activity of the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Portuguese National Statistics Institute.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this labor force data to inform a wide range of labor and economic policies in Portugal.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical 1-2 month delay.
Related Trends
Infant Mortality Rate for Portugal
SPDYNIMRTINPRT
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Portugal
PRTB6BLTT02STSAQ
Number of Identified Exporters to Portugal from New Hampshire
NHPRTA475SCEN
Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Portugal
PRTPERMITMISMEI
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Durables Only for Portugal
IGDXEDPTM086NEST
Consumer Price Index: Harmonized Prices: All Items Less Food, Energy, Tobacco, Alcohol: Total for Portugal
PRTCPHPLA01GPM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Portugal (LFACTTTTPTQ647S), retrieved from FRED.