Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Portugal
LFEAICTTPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,265,200.00
Year-over-Year Change
10.64%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures total employment in Portugal, including construction, across all industries. It provides important insights into the country's economic activity 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: Employment: Economic Activity: Industry (Including Construction): Total for Portugal trend represents the total number of people employed in Portugal, covering both industrial and construction sectors. This metric is a key indicator of the country's overall economic performance and labor market conditions.
Methodology
The data is collected through comprehensive labor force surveys conducted by the statistical agency in Portugal.
Historical Context
This trend is widely used by policymakers, economists, and market analysts to assess the health of the Portuguese economy and inform economic policy decisions.
Key Facts
- Portugal's total employment, including construction, reached a record high in 2019.
- The services sector accounts for the largest share of employment in Portugal.
- Employment levels in Portugal have steadily recovered since the 2008 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in Portugal, covering both industrial and construction sectors across the country's economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the overall health and performance of the Portuguese economy, which is important for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive labor force surveys conducted by the statistical agency in Portugal.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers in Portugal to assess the state of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released on a regular schedule, but there may be occasional delays or limitations in data coverage that users should be aware of.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Portugal (LFEAICTTPTA647S), retrieved from FRED.