Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Portugal
Index 2015=100, Quarterly
PRTCPGRSE01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.88
Year-over-Year Change
13.55%
Date Range
1/1/1948 - 1/1/2025
Summary
The Participation Rate in General Employment Services tracks quarterly changes in the percentage of the working-age population employed in the employment services industry. This metric offers insights into the dynamics of the labor market and hiring trends.
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 Participation Rate in General Employment Services measures the share of the civilian non-institutional population engaged in the employment services industry, which includes temporary help services, professional employer organizations, and other human resources and employment-related activities. This data provides a window into labor market conditions and hiring patterns across the economy.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program of the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this trend to assess the health of the labor market and gauge demand for employment services.
Key Facts
- The base year for the index is 2015.
- The data is released on a quarterly basis.
- The employment services industry accounts for over 3 million jobs in the U.S.
FAQs
Q: What does this economic trend measure?
A: The Participation Rate in General Employment Services measures the share of the working-age population employed in the employment services industry, which includes temporary help services, professional employer organizations, and other human resources activities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market dynamics and hiring trends, making it a useful indicator for economists, policymakers, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program of the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the health of the labor market and gauge demand for employment services, which can inform economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of several months.
Related Trends
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for Portugal
LRAC24TTPTA156N
Harmonized Index of Consumer Prices: Alcoholic Beverages for Portugal
CP0210PTM086NEST
Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Portugal
PRTB6FATT01CXCUQ
Consumer Price Index: Transport (COICOP 07): Total for Portugal
PRTCP070000GPM
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 74 Years for Portugal
LRAC74FEPTA156N
Harmonized Index of Consumer Prices: Gas for Portugal
CP0452PTM086NEST
Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PRTCPGRSE01IXOBQ), retrieved from FRED.