Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Portugal
LFWA24TTPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,082,375.00
Year-over-Year Change
-4.25%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the total working-age population aged 15 to 24 years in Portugal. It provides insights into demographic and labor force dynamics that are crucial for policy analysis and economic planning.
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 working-age population aged 15 to 24 is an important indicator of a country's current and future labor force. Tracking this metric helps economists and policymakers understand trends in workforce participation, education, and socioeconomic factors that shape a nation's economic outlook.
Methodology
This data is collected through national labor force surveys conducted by the statistical agency of Portugal.
Historical Context
Policymakers use this trend to inform decisions around employment, education, and social programs targeting young workers.
Key Facts
- Portugal's working-age population aged 15-24 was 1.08 million in 2021.
- This age group accounts for approximately 10% of Portugal's total working-age population.
- The 15-24 working-age population in Portugal has declined by 10% since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total population aged 15 to 24 years in Portugal, which represents the working-age segment of the population.
Q: Why is this trend relevant for users or analysts?
A: Tracking the size and dynamics of the 15-24 age group is crucial for understanding labor force participation, education, and socioeconomic factors that shape Portugal's economic outlook.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the statistical agency of Portugal.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to inform decisions around employment, education, and social programs targeting young workers in Portugal.
Q: Are there update delays or limitations?
A: The data is typically updated on an annual basis, with a potential delay of several months.
Related Trends
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Portugal
LCEAMN01PTA661N
Liquid Liabilities to GDP for Portugal
DDDI05PTA156NWDB
Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Portugal
CRDQPTAPUBIS
Financial Market: Real Effective Exchange Rates: CPI Based for Portugal
CCRETT01PTA661N
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Portugal
PRTCP040100GPM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Portugal
PRTCPHP1200IXOBM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Portugal (LFWA24TTPTA647S), retrieved from FRED.