Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Portugal
Quarterly, Seasonally Adjusted
LFAC64MAPTQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,683,652.00
Year-over-Year Change
6.04%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the total labor force in the U.S. on a quarterly, seasonally adjusted basis. It provides important insights into the size and dynamics of the national workforce.
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 Labor Force, Aged 64 and Older, Quarterly, Seasonally Adjusted (LFAC64MAPTQ647S) tracks the total number of U.S. residents aged 64 and older who are actively employed or seeking work. This metric helps economists and policymakers understand broader labor market participation trends.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and government agencies use this indicator to assess labor market health and guide economic and workforce policies.
Key Facts
- The U.S. labor force aged 64 and older reached a record high in 2022.
- Older workers now make up over 6% of the total U.S. labor force.
- Participation in the labor force among those 65 and older has more than doubled since the 1990s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of U.S. residents aged 64 and older who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into labor force participation and workforce dynamics among older Americans, which is crucial for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and government agencies use this indicator to assess labor market health and guide economic and workforce policies related to aging populations.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay from the end of each reference period.
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Citation
U.S. Federal Reserve, Labor Force, Aged 64 and Older, Quarterly, Seasonally Adjusted (LFAC64MAPTQ647S), retrieved from FRED.