Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Portugal
Quarterly
PRTCP040500GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.62
Year-over-Year Change
-3086.10%
Date Range
1/1/1960 - 10/1/2023
Summary
The Quarterly Participation Rate measures the percentage of the U.S. population aged 16 and over who are employed or actively seeking work. It is a key indicator of the health and utilization of the U.S. labor force.
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 Quarterly Participation Rate, also known as the labor force participation rate, represents the active civilian labor force as a percentage of the total civilian noninstitutional population. It is a vital metric for understanding workforce trends and the overall state of the U.S. economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The participation rate is closely monitored by policymakers, economists, and market analysts to gauge labor market conditions and inform economic decision-making.
Key Facts
- The participation rate reached a high of 67.3% in early 2000.
- The rate declined significantly during the Great Recession, reaching a low of 62.4% in 2015.
- Participation has gradually improved since the recession but remains below pre-crisis levels.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Participation Rate measures the percentage of the U.S. population aged 16 and over who are employed or actively seeking work, providing insight into labor force utilization.
Q: Why is this trend relevant for users or analysts?
A: The participation rate is a crucial indicator of the health and strength of the U.S. labor market, and is closely monitored by policymakers, economists, and market analysts to inform economic decision-making.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The participation rate is used by policymakers, economists, and market analysts to gauge labor market conditions and make informed decisions about economic policies and interventions.
Q: Are there update delays or limitations?
A: The Quarterly Participation Rate data is published by the Federal Reserve with a slight delay, typically a few weeks after the end of the quarter.
Related Trends
Bank's Overhead Costs to Total Assets for Portugal
DDEI04PTA156NWDB
International Trade: Imports: Value (Goods): Total for Portugal
XTIMVA01PTA188S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Portugal
PRTCPGRHO02GYM
Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Portugal
LFACTTMAPTA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Portugal
PRTCP080000IXOBM
Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Portugal
LFEM74MAPTA657N
Citation
U.S. Federal Reserve, Quarterly Participation Rate (PRTCP040500GPQ), retrieved from FRED.