Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Portugal
LFIN55MAPTQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163,700.00
Year-over-Year Change
-4.88%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the number of Portuguese men aged 55 to 64 who are outside the labor force. It provides insights into labor market participation and workforce 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 employed or actively seeking work. This data is used by economists and policymakers to analyze labor force trends and design policies that address workforce participation challenges.
Methodology
This data is collected through household surveys conducted by the Portuguese National Statistics Institute.
Historical Context
Trends in labor force participation for older workers are closely monitored by governments and central banks to inform employment and retirement policies.
Key Facts
- Portugal has an aging population with a growing proportion of workers aged 55-64.
- Labor force participation rates tend to decline for men as they approach retirement age.
- Policies that incentivize older workers to remain in the labor force can help address labor shortages.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of Portuguese men aged 55 to 64 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: Trends in older worker participation are crucial for policymakers designing employment and retirement policies to address workforce challenges posed by aging populations.
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: Governments and central banks closely monitor labor force participation trends for older workers to inform policies that incentivize extended workforce participation and address labor shortages.
Q: Are there update delays or limitations?
A: The data is published on an infra-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 (LFIN55MAPTQ647N), retrieved from FRED.