Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 74 Years for Portugal
LRAC74FEPTA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.93
Year-over-Year Change
9.81%
Date Range
1/1/1998 - 1/1/2024
Summary
The Labor Force Participation Rate Female: From 15 to 74 Years for Portugal measures the percentage of working-age women in Portugal who are actively employed or seeking work. This key labor market indicator provides insight into the economic engagement of the female 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 represents the share of the working-age population that is either employed or actively looking for work. This metric helps economists and policymakers understand the overall participation and utilization of the domestic labor force.
Methodology
The data is collected through national labor force surveys conducted by government statistical agencies.
Historical Context
Labor force participation rates are used to analyze workforce trends and inform economic and social policies.
Key Facts
- Portugal's female labor force participation rate is 63.5% as of the latest data.
- The rate has increased from 52.3% over the past two decades.
- Portugal has a higher female participation rate than the OECD average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of working-age women in Portugal who are employed or actively seeking work, providing insight into female labor force participation.
Q: Why is this trend relevant for users or analysts?
A: The female labor force participation rate is an important metric for evaluating gender equality, workforce utilization, and economic development in Portugal.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by government statistical agencies in Portugal.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze workforce trends, inform labor market policies, and assess the economic engagement of women in Portugal.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in reporting from the source agency.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 74 Years for Portugal (LRAC74FEPTA156N), retrieved from FRED.