Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Portugal
LFHUADMAPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113,666.67
Year-over-Year Change
-57.12%
Date Range
1/1/1983 - 1/1/2022
Summary
The Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Portugal trend measures the unemployment rate for Portuguese men aged 25 and above. This metric is crucial for understanding labor market dynamics and informing economic policymaking.
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 series tracks the monthly unemployment level for Portuguese men aged 25 and older, providing insight into broader employment trends. It is a harmonized measure, allowing for cross-country comparisons within the OECD framework.
Methodology
The data is collected through labor force surveys conducted by Portugal's national statistical agency.
Historical Context
This unemployment metric is widely used by policymakers, economists, and international institutions to assess the health of the Portuguese labor market.
Key Facts
- Portugal's male unemployment rate averaged 7.8% in 2021.
- Unemployment for Portuguese men aged 25+ reached a high of 10.5% during the COVID-19 pandemic.
- The male unemployment rate in Portugal is lower than the overall national unemployment level.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment level for Portuguese men aged 25 and older, providing insight into the country's labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding employment dynamics and informing economic policymaking in Portugal.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by Portugal's national statistical agency.
Q: How is this trend used in economic policy?
A: This unemployment metric is widely used by policymakers, economists, and international institutions to assess the health of the Portuguese labor market.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical 1-2 month delay.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Portugal
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Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Portugal
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Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Portugal
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Portugal (LFHUADMAPTA647S), retrieved from FRED.