Population (LFS Basis): All Ages: Males for Sweden
Quarterly, Seasonally Adjusted
LFPOTTMASEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,774,910.61
Year-over-Year Change
1.54%
Date Range
1/1/2001 - 10/1/2014
Summary
This economic trend measures the total labor force participation rate in Puerto Rico on a quarterly, seasonally adjusted basis. It provides critical insight into the overall size and engagement of Puerto Rico's working population.
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 is the percentage of the civilian noninstitutional population that is either employed or actively seeking employment. This metric is a key indicator of the strength and dynamics of a region's labor market and economic activity.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to assess the health of Puerto Rico's economy and inform economic and workforce development strategies.
Key Facts
- Puerto Rico's labor force participation rate averaged 40.1% in 2021.
- The rate has declined from a high of 48.1% in 2007.
- Low labor force participation is a longstanding challenge for Puerto Rico's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor force participation rate in Puerto Rico on a quarterly, seasonally adjusted basis. It represents the percentage of the civilian population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the strength and dynamics of Puerto Rico's labor market and broader economic activity. It provides critical insights for policymakers, economists, and stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the health of Puerto Rico's economy and inform workforce development and economic strategies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical 1-2 month lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFPOTTMASEQ647S), retrieved from FRED.