Infra-Annual Labor Statistics: Unemployment Male: From 15 to 24 Years for Portugal
Annual, Seasonally Adjusted
LFUN24MAPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,850.00
Year-over-Year Change
-49.27%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted labor force participation rate for the United States. It is a key indicator of the overall strength and dynamics 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 employment. Economists and policymakers closely monitor this metric to gauge the health and utilization of the national workforce.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate informs economic and policy decisions related to employment, workforce development, and macroeconomic conditions.
Key Facts
- The U.S. labor force participation rate has declined from over 67% in 2000 to around 62% in recent years.
- Participation rates tend to be lower for older workers and higher for prime-working-age adults.
- Women's labor force participation has increased significantly since the 1950s but remains below that of men.
FAQs
Q: What does this economic trend measure?
A: The annual, seasonally adjusted labor force participation rate represents the share of the civilian non-institutional population that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the overall strength and utilization of the national workforce, providing insight into the health of the labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly 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 informs economic and policy decisions related to employment, workforce development, and macroeconomic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months from the reference period.
Related Trends
Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Portugal
LFEMTTMAPTQ647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Portugal
PRTCPICORQINMEI
Financial Market: Real Effective Exchange Rates: CPI Based for Portugal
CCRETT01PTA661N
National Accounts: GDP by Expenditure: Current Prices: Government Final Consumption Expenditure for Portugal
PRTGFCEQDSMEI
Share Prices: All Shares/Broad: Total for Portugal
SPASTT01PTQ657N
International Merchandise Trade Statistics: Trade Balance: Commodities for Portugal
XTNTVA01PTA664N
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFUN24MAPTA647S), retrieved from FRED.