Consumer Price Index: OECD Groups: Services Less Housing: Housing Excluding Imputed Rentals for Housing for Portugal
Quarterly
PRTCPGRLH02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.30
Year-over-Year Change
45.01%
Date Range
4/1/1991 - 10/1/2023
Summary
The Quarterly Participation Rate measures the percentage of the civilian population aged 16 and over who are employed or actively seeking work. It is a key indicator of the overall 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 is a measure of the civilian labor force as a percentage of the civilian noninstitutional population. It provides insights into the size and composition of the workforce, helping policymakers and economists assess the strength and resilience of the economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The Participation Rate is closely watched by the Federal Reserve and other policymakers to gauge the state of the labor market and guide economic policy decisions.
Key Facts
- The Participation Rate reached a high of 67.3% in early 2000.
- The rate declined during the Great Recession, reaching a low of 62.4% in 2015.
- As of the latest data, the Quarterly Participation Rate stands at 62.2%.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Participation Rate measures the percentage of the civilian population aged 16 and over who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The Participation Rate is a key indicator of the overall health and utilization of the labor force, providing insights that help policymakers and economists assess the strength and resilience 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. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Participation Rate is closely watched by the Federal Reserve and other policymakers to gauge the state of the labor market and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly Participation Rate data is typically released with a lag of several weeks, and may be subject to revisions as additional information becomes available.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 64 Years for Portugal
LFWA64FEPTQ647N
Consumer Price Index: Harmonized Prices: Education (COICOP 10): Total for Portugal
PRTCPHP1000IXEBM
Harmonized Index of Consumer Prices: Industrial Goods for Portugal
IGOODSPTM086NEST
Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Portugal
LFEMTTMAPTQ647S
Infra-Annual Labor Statistics: Unemployment Rate Female: From 25 to 54 Years for Portugal
LRUN25FEPTQ156S
Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing for Portugal
PRTCPHP0401GPM
Citation
U.S. Federal Reserve, Quarterly Participation Rate (PRTCGPQ), retrieved from FRED.