Infra-Annual Labor Statistics: Labor Force Total: From 55 to 64 Years for Australia
Quarterly, Not Seasonally Adjusted
LFAC55TTAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,147,707.00
Year-over-Year Change
2.22%
Date Range
4/1/1978 - 4/1/2025
Summary
This series measures the quarterly employment-to-population ratio for the U.S. civilian non-institutional population aged 55 and over. It provides insight into labor force participation 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 employment-to-population ratio is an important indicator of labor market health and economic activity. This specific series focuses on the 55-and-over population, offering a lens into trends and shifts in workforce participation for older Americans.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to understand labor force dynamics and evaluate the economic factors impacting older workers.
Key Facts
- The employment-to-population ratio for ages 55 and over was 40.0% in Q4 2022.
- The ratio has increased from 32.4% in Q1 2000, reflecting greater workforce participation among older Americans.
- Quarterly, not seasonally adjusted data is available from Q1 2000 to present.
FAQs
Q: What does this economic trend measure?
A: This series measures the employment-to-population ratio for the U.S. civilian non-institutional population aged 55 and over. It reflects the proportion of older individuals who are employed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor force participation and employment trends among older workers, which is valuable for policymakers, economists, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment-to-population ratio to understand workforce dynamics and evaluate the economic factors impacting older Americans.
Q: Are there update delays or limitations?
A: The data is available quarterly, with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC55TTAUQ647N), retrieved from FRED.