Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Portugal
LRHUADMAPTA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.88
Year-over-Year Change
-66.97%
Date Range
1/1/1998 - 1/1/2024
Summary
The Monthly Unemployment Rate for Males Aged 25 and Over in Portugal measures the percentage of unemployed men in this demographic. This key labor statistic provides insights into the health of the Portuguese economy and job market.
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
This monthly data series from the U.S. Bureau of Labor Statistics tracks the unemployment rate for Portuguese men aged 25 and older. It is a valuable indicator of labor force participation and economic conditions in Portugal, used by policymakers and analysts to gauge employment trends.
Methodology
The data is collected through household surveys conducted by the Portuguese National Statistical Institute.
Historical Context
This unemployment rate metric is closely monitored by the European Central Bank and other institutions to assess the strength of the Portuguese labor market.
Key Facts
- Portugal's male unemployment rate has averaged around 7% over the past decade.
- The unemployment rate for men 25+ is typically lower than the overall Portuguese unemployment rate.
- Male unemployment in Portugal tends to be more volatile than the national average.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the monthly unemployment rate specifically for Portuguese men aged 25 and older.
Q: Why is this trend relevant for users or analysts?
A: The male unemployment rate is a key indicator of labor market conditions and can provide insights into the broader Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Portuguese National Statistical Institute.
Q: How is this trend used in economic policy?
A: This unemployment metric is closely monitored by the European Central Bank and other institutions to assess the strength of the Portuguese labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Portugal (LRHUADMAPTA156N), retrieved from FRED.