Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 24 Years for Portugal
LFIN24FEPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
355,650.00
Year-over-Year Change
-2.23%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the number of females aged 15 to 24 who are outside the labor force in Portugal. It provides insight into youth labor force participation and inactivity.
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: Persons Outside the Labor Force Female: From 15 to 24 Years for Portugal' series tracks the population of young women in Portugal who are not currently employed or actively seeking work. This metric is useful for understanding labor market dynamics and workforce trends.
Methodology
The data is collected through household surveys conducted by the Portuguese National Statistics Institute.
Historical Context
This statistic is relevant for policymakers and economists analyzing Portugal's labor force and demographic changes.
Key Facts
- Young women make up a significant portion of Portugal's population outside the labor force.
- Labor force participation rates for young Portuguese women have fluctuated in recent years.
- Tracking this metric is important for understanding trends in Portugal's workforce and labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of females aged 15 to 24 in Portugal who are outside the labor force, meaning they are not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into youth labor force participation and inactivity in Portugal, which is useful for policymakers and economists analyzing workforce dynamics and demographic changes.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Portuguese National Statistics Institute.
Q: How is this trend used in economic policy?
A: This statistic is relevant for policymakers and economists analyzing Portugal's labor force and employment trends to inform economic policies and programs.
Q: Are there update delays or limitations?
A: The data is published on an intra-annual basis, so there may be some delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 24 Years for Portugal (LFIN24FEPTA647S), retrieved from FRED.