Consumer Price Index: OECD Groups: Goods: Total for Portugal
Quarterly
PRTCPGRGO01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.22
Year-over-Year Change
-2.14%
Date Range
1/1/1960 - 10/1/2023
Summary
The Quarterly Participation Rate measures the proportion of the U.S. civilian noninstitutional population that is employed or actively seeking work. It is a key indicator of the health and utilization of the 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 tracks the share of the working-age population that is either employed or actively searching for a job. It provides insight into the overall engagement and activity levels within the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The Participation Rate is closely watched by policymakers, economists, and market analysts as a gauge of labor market conditions and the strength of the broader economy.
Key Facts
- The Participation Rate reached a high of 67.3% in early 2000.
- The rate declined steadily after the 2008 financial crisis, reaching a low of 62.4% in 2015.
- As of the latest data, the Quarterly Participation Rate stands at 62.6%.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Participation Rate measures the percentage of the civilian noninstitutional population in the United States that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The Participation Rate is a crucial indicator of labor market health and overall economic activity. It provides insight into workforce engagement and utilization, which is closely monitored by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Participation Rate is used by the Federal Reserve, other government agencies, and private-sector analysts to assess the strength of the labor market and the broader economy, informing policy decisions and market expectations.
Q: Are there update delays or limitations?
A: The Quarterly Participation Rate data is published with a lag of approximately one month following the end of each quarter.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Portugal
PRTCP020000CTGYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Portugal
PRTCP070000IXOBM
Balance of Payments: Other Investment: Net (Assets Minus Liabilities) for Portugal
PRTB6FAOI01CXCUQ
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Portugal
LREMTTFEPTA156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Portugal
PRTCPICORQINMEI
Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Portugal
LFEM64TTPTA647N
Citation
U.S. Federal Reserve, Quarterly Participation Rate (PRTCPGRGO01GPQ), retrieved from FRED.