Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Portugal
LFIN55MAPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170,475.00
Year-over-Year Change
-41.89%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the number of men aged 55 to 64 in Portugal who are outside the labor force. It provides insights into workforce participation and labor market dynamics for this demographic.
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 Male: From 55 to 64 Years for Portugal' series tracks the population of Portuguese men aged 55 to 64 who are not actively employed or seeking work. This metric is valuable for analyzing labor force trends and informing economic and social policies.
Methodology
The data is collected through national labor force surveys conducted by the Portuguese statistical agency.
Historical Context
This trend is useful for policymakers and analysts examining labor force participation, retirement patterns, and workforce aging in Portugal.
Key Facts
- Portugal's male labor force participation rate for ages 55-64 is below the OECD average.
- The number of Portuguese men aged 55-64 outside the labor force has increased in recent years.
- Policies targeting older worker employment could boost Portugal's economic productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of men aged 55 to 64 in Portugal who are not employed or actively seeking work, providing insights into labor force participation for this demographic.
Q: Why is this trend relevant for users or analysts?
A: This metric is valuable for analyzing labor force trends, workforce aging, and retirement patterns in Portugal, which can inform economic and social policies.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Portuguese statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to examine labor force participation, workforce dynamics, and aging-related employment issues in Portugal.
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 Male: From 55 to 64 Years for Portugal (LFIN55MAPTA647N), retrieved from FRED.