Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for Turkiye
Quarterly, Not Seasonally Adjusted
LFAC55MATRQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,450,000.00
Year-over-Year Change
12.39%
Date Range
1/1/2006 - 1/1/2025
Summary
This economic trend measures the quarterly labor force participation rate for men aged 55 and over in the United States. It provides insights into workforce participation trends among older male 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 quarterly labor force participation rate for men aged 55 and over is an important economic indicator that reflects the proportion of older men who are employed or actively seeking work. It is used by economists and policymakers to analyze labor market dynamics and aging workforce trends.
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 relevant for understanding labor market participation, retirement patterns, and the economic impact of an aging population.
Key Facts
- The labor force participation rate for men aged 55 and over was 68.1% in Q4 2022.
- The rate has declined from a high of 72.6% in Q1 2000.
- Older men's participation is influenced by factors like health, retirement policies, and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly labor force participation rate for men aged 55 and over in the United States. It represents the proportion of older men who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into workforce participation patterns among older male workers, which is important for understanding labor market dynamics, retirement trends, and the economic impact of an aging population.
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 used by economists and policymakers to analyze labor market participation, retirement patterns, and the economic implications of an aging workforce.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, and may be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC55MATRQ647N), retrieved from FRED.