Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Portugal

Quarterly, Seasonally Adjusted

LRUN24TTPTQ156S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20.42

Year-over-Year Change

0.03%

Date Range

1/1/1998 - 1/1/2025

Summary

The 'Quarterly, Seasonally Adjusted' economic trend measures the labor force participation rate in the U.S. for individuals aged 25-54. It provides insights into the workforce engagement and economic activity of prime-age workers.

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 aged 25-54 that is either employed or actively seeking employment. This metric is closely monitored by economists and policymakers to gauge the strength and resilience of the U.S. labor market.

Methodology

The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.

Historical Context

The labor force participation rate is a key indicator used to inform economic policy decisions and assess the overall health of the U.S. economy.

Key Facts

  • The labor force participation rate for 25-54 year olds was 82.4% in January 2023.
  • Women's participation rate was 76.4% compared to 88.1% for men in the same period.
  • Participation rates have declined from a peak of 84.6% in early 2000s.

FAQs

Q: What does this economic trend measure?

A: The 'Quarterly, Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population aged 25-54 that is either employed or actively seeking employment.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the strength and resilience of the U.S. labor market, and is closely monitored by economists and policymakers to assess the overall health of the economy.

Q: How is this data collected or calculated?

A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: The labor force participation rate is a key indicator used to inform economic policy decisions and assess the overall health of the U.S. economy.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis with a typical lag of 1-2 months.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN24TTPTQ156S), retrieved from FRED.