Infra-Annual Labor Statistics: Unemployment Rate Male: From 25 to 54 Years for Portugal
LRUN25MAPTA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-66.35%
Date Range
1/1/1998 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Unemployment Rate Male: From 25 to 54 Years for Portugal measures the unemployment rate for Portuguese men aged 25 to 54. This metric is crucial for understanding the health of the Portuguese labor market and informing economic policy decisions.
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 data series tracks the monthly unemployment rate for Portuguese men between the ages of 25 and 54. It provides granular insights into a key demographic within the broader Portuguese workforce, helping analysts and policymakers assess economic conditions and trends.
Methodology
The data is collected through household surveys conducted by the Portuguese statistical agency.
Historical Context
Unemployment rates are a key indicator used by central banks, finance ministries, and other economic institutions to gauge labor market performance and guide policy responses.
Key Facts
- The unemployment rate for Portuguese men aged 25-54 was 6.2% in December 2022.
- This demographic accounts for over one-third of Portugal's total labor force.
- Unemployment rates for this group have declined steadily since the global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the monthly unemployment rate for Portuguese men between the ages of 25 and 54, providing insights into a key demographic within the broader Portuguese labor market.
Q: Why is this trend relevant for users or analysts?
A: Unemployment rates for this age group are a crucial indicator of overall labor market health and are closely monitored by policymakers, economists, and financial institutions to inform economic decision-making.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Portuguese statistical agency.
Q: How is this trend used in economic policy?
A: Unemployment rates are a key indicator used by central banks, finance ministries, and other economic institutions to gauge labor market performance and guide policy responses.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Male: From 25 to 54 Years for Portugal (LRUN25MAPTA156N), retrieved from FRED.