Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Portugal
LFEM24FEPTQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.34
Year-over-Year Change
-94.74%
Date Range
4/1/1998 - 7/1/2023
Summary
This economic trend measures employment levels for females aged 15 to 24 in Portugal. It provides important insights into the state of the Portuguese labor market and can inform policymakers' efforts to support youth employment.
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 Female: From 15 to 24 Years for Portugal measures the number of employed women between the ages of 15 and 24 in Portugal. This data series is a key indicator of the labor force participation and economic activity of young women, which is crucial for understanding the overall health and dynamics of the Portuguese economy.
Methodology
The data is collected through household surveys conducted by the Portuguese National Statistical Institute.
Historical Context
This employment trend is closely monitored by economists, policymakers, and labor market analysts to assess the effectiveness of policies and programs aimed at promoting youth employment and gender equality in the workforce.
Key Facts
- Portugal's female youth employment rate was 34.7% in 2021.
- The trend has declined by 10 percentage points since 2010.
- Youth unemployment remains a significant challenge in Portugal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels of females aged 15 to 24 in Portugal, providing insights into the labor force participation and economic activity of young women in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the overall health and dynamics of the Portuguese labor market, as well as the effectiveness of policies and programs aimed at promoting youth employment and gender equality.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Portuguese National Statistical Institute.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by economists, policymakers, and labor market analysts to assess the effectiveness of policies and programs aimed at promoting youth employment and gender equality in the Portuguese workforce.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Portugal (LFEM24FEPTQ657N), retrieved from FRED.