Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Portugal
Quarterly, Not Seasonally Adjusted
LRUN74MAPTQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.30
Year-over-Year Change
12.50%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the civilian labor force participation rate in Puerto Rico, providing insights into the size and engagement of the island's working 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 civilian labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over that is employed or actively seeking work. This metric is a key indicator of labor market conditions and economic activity in Puerto Rico.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this labor force participation rate to assess the health and dynamics of Puerto Rico's labor market.
Key Facts
- Puerto Rico's labor force participation rate averaged around 40% in recent years.
- The rate has declined from over 50% in the 1990s due to economic challenges.
- Labor force participation is a key indicator of economic conditions in Puerto Rico.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate in Puerto Rico, which represents the percentage of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a critical indicator of the health and dynamics of Puerto Rico's labor market, providing insights into economic activity and the engagement of the working population.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this labor force participation rate to assess the state of Puerto Rico's labor market and inform policy decisions aimed at promoting economic growth and employment.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with some potential for delays in data reporting or updates.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN74MAPTQ156N), retrieved from FRED.