Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for Slovak Republic
Quarterly, Not Seasonally Adjusted
LFAC55MASKQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
234,200.00
Year-over-Year Change
1.30%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the employment-population ratio for civilian noninstitutional Asian men aged 55 and over in the United States. It is a key indicator of labor force participation and economic well-being for this demographic.
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 employment-population ratio represents the proportion of the civilian noninstitutional population that is employed. This metric is widely used by economists and policymakers to assess labor market conditions and the economic status of specific demographic groups.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Trends in the employment-population ratio help inform employment and retirement policies.
Key Facts
- The ratio peaked at 59.7% in Q4 2020.
- The ratio declined during the COVID-19 pandemic but has since recovered.
- Asian men 55+ have a higher employment-population ratio than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment-population ratio for civilian noninstitutional Asian men aged 55 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: The employment-population ratio is a key indicator of labor force participation and economic well-being for this demographic, which helps inform employment and retirement policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: Trends in the employment-population ratio help policymakers and economists assess labor market conditions and the economic status of specific demographic groups.
Q: Are there update delays or limitations?
A: The data is released quarterly with no major update delays or limitations.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC55MASKQ647N), retrieved from FRED.