Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for Portugal
Annual, Not Seasonally Adjusted
LFHUTTFEPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
184,416.70
Year-over-Year Change
-53.82%
Date Range
1/1/1983 - 1/1/2024
Summary
This trend measures the total civilian labor force participation rate for the United States on an annual, not seasonally adjusted basis. It is a key economic indicator used to assess the overall strength and availability of the U.S. labor market.
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 labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking work. Economists and policymakers closely monitor this metric to understand labor market dynamics and inform economic and workforce development strategies.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is a critical input for economic forecasting, monetary policy decisions, and evaluation of employment programs.
Key Facts
- The U.S. labor force participation rate was 62.3% in 2022.
- Participation rates are lower for women compared to men.
- Participation has declined since the 2000s due to demographic shifts and other factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population that is either employed or actively seeking work in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall strength and availability of the U.S. labor market, providing important insights for economic forecasting, policy decisions, and workforce development strategies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a critical input for economic forecasting, monetary policy decisions, and the evaluation of employment programs and initiatives.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate data is published with a relatively short delay, typically within a few months of the end of the reference year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFHUTTFEPTA647N), retrieved from FRED.