Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for Portugal
Annual, Not Seasonally Adjusted
LFAC55MAPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
530,275.00
Year-over-Year Change
60.57%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted civilian labor force participation rate for adults ages 55 and over in the United States. It provides insights into labor market dynamics and aging workforce 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 civilian labor force participation rate represents the share of the civilian noninstitutional population that is either employed or actively seeking work. This specific series focuses on adults aged 55 and older, offering valuable data on the labor force participation of the aging U.S. population.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and economists closely monitor this trend to understand workforce participation patterns and the impacts of aging demographics.
Key Facts
- The annual civilian labor force participation rate for adults 55 and over was 40.0% in 2022.
- The participation rate for this group has increased by 10 percentage points since 2000.
- Older adults now make up over 20% of the total U.S. civilian labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted civilian labor force participation rate for adults ages 55 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into labor market dynamics and aging workforce patterns, which are closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to understand workforce participation patterns and the impacts of aging demographics.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC55MAPTA647N), retrieved from FRED.