Quarterly
LFAC55FEO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43,618,000.00
Year-over-Year Change
9.67%
Date Range
1/1/2005 - 4/1/2017
Summary
This quarterly economic trend measures the U.S. labor force participation rate for women aged 55 and over. It provides insights into long-term labor force trends and workforce dynamics among older workers.
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 labor force participation rate represents the percentage of the civilian noninstitutional population aged 55 and over who are either employed or actively seeking work. This metric is a key indicator of economic activity and labor market health, particularly for analyzing workforce participation trends among older adults.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
This trend is closely monitored by policymakers, economists, and labor market analysts to understand employment patterns and inform workforce and retirement policies.
Key Facts
- The U.S. labor force participation rate for women aged 55 and over was 39.4% in Q4 2022.
- Participation rates for older women have steadily increased over the past two decades.
- Rising participation reflects factors like improved health, changing social norms, and economic necessity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for U.S. women aged 55 and over, which represents the percentage of this population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into long-term labor force trends and workforce dynamics among older adults, which is crucial for understanding employment patterns and informing workforce and retirement policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and labor market analysts to understand employment patterns and inform workforce and retirement policies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with minimal delays, providing timely insights into labor force participation trends among older women.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate - Women Aged 55 and Over, Quarterly (LFAC55FEO1Q647N), retrieved from FRED.