Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Portugal
LFHUADMAPTQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108,333.33
Year-over-Year Change
-27.94%
Date Range
1/1/1998 - 7/1/2023
Summary
This economic trend measures the harmonized unemployment rate for males aged 25 and over in Portugal. It is a key metric used by economists and policymakers to track labor market conditions and inform economic policy decisions.
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 Harmonized Unemployment Rate is a standardized measure of unemployment across OECD countries, allowing for international comparisons. This specific series focuses on the male population aged 25 and above in Portugal, providing insights into a crucial segment of the labor force.
Methodology
The data is collected through household labor force surveys conducted by the national statistical agency.
Historical Context
This trend is widely monitored by policymakers, central banks, and market analysts to assess the health of the Portuguese economy and labor market.
Key Facts
- Portugal's male unemployment rate peaked at 16.9% in 2013.
- The rate has since declined, reaching 6.2% as of the latest data.
- Unemployment is a key focus of economic policy in Portugal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the harmonized unemployment rate for males aged 25 and over in Portugal, providing insights into a crucial segment of the labor force.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by policymakers, central banks, and market analysts to assess the health of the Portuguese economy and labor market, informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys conducted by the national statistical agency.
Q: How is this trend used in economic policy?
A: This trend is a key metric monitored by policymakers, central banks, and market analysts to evaluate the Portuguese labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and methodological limitations of labor force surveys.
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Portugal (LFHUADMAPTQ647N), retrieved from FRED.