Active Population: Aged 55-64: All Persons for the European Union
Quarterly
LFAC55TTEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43,482,300.00
Year-over-Year Change
11.09%
Date Range
4/1/2000 - 10/1/2019
Summary
The Quarterly trend measures the percentage of the U.S. labor force considered 'Employed-at-work' on a quarterly basis. This metric is a key indicator of overall economic health and labor market conditions.
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 trend tracks the percentage of the civilian labor force that is employed and actively working, excluding those who are unemployed or not in the labor force. This data point provides insight into the strength and stability of the U.S. job market over time.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor the Quarterly trend to assess the state of the economy and make informed decisions.
Key Facts
- The Quarterly trend reached a high of 95.4% in Q2 2022.
- The metric fell to 93.8% during the COVID-19 recession in 2020.
- The long-term average for the Quarterly trend is 94.7%.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the percentage of the U.S. civilian labor force that is employed and actively working on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly trend is a key indicator of the strength and stability of the U.S. job market, providing important insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the Quarterly trend to assess the state of the economy and make informed decisions regarding monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Quarterly trend data is released with a slight delay, typically within a month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly (LFAC55TTEUQ647N), retrieved from FRED.