Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Portugal
Annual, Not Seasonally Adjusted
LMJVTTUVPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,849.00
Year-over-Year Change
18.15%
Date Range
1/1/1974 - 1/1/2023
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate for a specific geographic area. It is a key indicator of local labor market conditions and economic performance.
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 annual, not seasonally adjusted unemployment rate tracks the percentage of the total labor force in a given area that is jobless, available for work, and actively seeking employment on an annual basis without adjusting for typical seasonal fluctuations. This metric provides important context for evaluating regional economic trends.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the strength of local and regional economies.
Key Facts
- The annual unemployment rate does not account for seasonal hiring patterns.
- This metric provides a long-term view of employment trends in a specific geographic area.
- Analyzing the annual, not seasonally adjusted unemployment rate can reveal underlying economic strengths and weaknesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate for a specific geographic area, indicating the percentage of the local labor force that is jobless and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted unemployment rate provides important context for evaluating regional economic performance and labor market conditions over the long term, without the distortions of typical seasonal hiring patterns.
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 analysts use this metric to assess the strength of local and regional economies, informing decisions related to economic development, workforce training, and other policy interventions.
Q: Are there update delays or limitations?
A: There may be some delays in the release of this data, and the geographic coverage may be limited to certain areas.
Related Trends
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Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Portugal
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Portugal
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National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Portugal
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LMJVTTUVPTA647N), retrieved from FRED.