Infra-Annual Labor Statistics: Unemployment Male: From 15 to 24 Years for Portugal
LFUN24MAPTQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,675.98
Year-over-Year Change
5.32%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the unemployment rate among Portuguese men aged 15 to 24 years. Understanding youth unemployment is crucial for policymakers addressing labor market challenges.
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: Unemployment Male: From 15 to 24 Years for Portugal tracks the short-term fluctuations in unemployment for this key demographic. This data provides timely insights into the evolving state of the Portuguese labor market.
Methodology
The data is collected through household surveys conducted by the Portuguese national statistical agency.
Historical Context
Monitoring youth unemployment is vital for informing economic and social policies aimed at promoting stable employment and economic opportunity.
Key Facts
- Portugal's youth unemployment rate was 20.3% in 2022.
- Youth unemployment is typically higher than the overall unemployment rate.
- Reducing youth joblessness is a key policy priority for the Portuguese government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate among Portuguese men aged 15 to 24 years old. It provides a timely indicator of labor market conditions for this key demographic.
Q: Why is this trend relevant for users or analysts?
A: Understanding youth unemployment is crucial for policymakers and economists as it sheds light on the challenges facing young workers and the overall state of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Portuguese national statistical agency.
Q: How is this trend used in economic policy?
A: Monitoring youth unemployment is vital for informing economic and social policies aimed at promoting stable employment and economic opportunity for young workers in Portugal.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, providing timely insights into short-term labor market fluctuations, though there may be some delay in data availability.
Related Trends
Harmonized Index of Consumer Prices: Motor Cars for Portugal
CP0711PTM086NEST
Harmonized Index of Consumer Prices: All-Items HICP for Portugal
CP0000PTM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Portugal
PRTCP010000IXOBQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Portugal
PRTCP050000GYM
Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Portugal
LFEM55FEPTQ647S
Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: USD: National Currency for Portugal
CCUSSP01PTQ650N
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: From 15 to 24 Years for Portugal (LFUN24MAPTQ647S), retrieved from FRED.