Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Portugal
Quarterly, Not Seasonally Adjusted
LREM64TTPTQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.10
Year-over-Year Change
2.96%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the quarterly, not seasonally adjusted labor force participation rate for the U.S. This metric is closely tracked by economists and policymakers to assess labor market trends and gauge workforce participation.
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 work. This measure provides important insights into the overall health and utilization of the U.S. labor force.
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 participation rate is a key input for economic analysis and policymaking related to employment, wages, and workforce trends.
Key Facts
- The U.S. labor force participation rate averaged 62.1% in Q1 2023.
- Participation rates are higher for men than women across all age groups.
- The participation rate declined sharply during the COVID-19 pandemic but has been recovering.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population in the United States that is either employed or actively seeking work on a quarterly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall health and utilization of the U.S. workforce, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted 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 participation rate is a crucial input for economic analysis and policy decisions related to employment, wages, and workforce trends.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical release lag of around one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM64TTPTQ156N), retrieved from FRED.