Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Switzerland
Quarterly, Seasonally Adjusted
LFAC64TTCHQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,903,443.00
Year-over-Year Change
2.67%
Date Range
4/1/1998 - 1/1/2025
Summary
This quarterly, seasonally adjusted series measures the U.S. labor force participation rate among people aged 64 and over. Tracking the participation of older workers is crucial for understanding long-term labor market trends and the economic impacts of aging populations.
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 participation rate measures the percentage of the civilian non-institutional population that is employed or actively seeking work. This 64+ series provides insights into the engagement of older Americans in the labor force, which has significant implications for economic productivity, retirement planning, and social welfare programs.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor older worker participation rates to assess the economic impacts of aging demographics and the efficacy of policies aimed at extending working lives.
Key Facts
- The U.S. 64+ labor force participation rate has risen from around 10% in the 1960s to over 20% today.
- Increased participation of older workers can offset workforce shortages and support economic growth.
- Policies to encourage later retirement and flexible work arrangements may impact this trend.
FAQs
Q: What does this economic trend measure?
A: This series measures the labor force participation rate for Americans aged 64 and over, tracking the percentage of this demographic that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: Monitoring older worker participation is crucial for understanding long-term labor market dynamics, the economic impacts of aging populations, and the effectiveness of policies aimed at extending working lives.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely track this series to assess the economic implications of aging demographics and the impacts of policies intended to encourage longer working lives.
Q: Are there update delays or limitations?
A: This series is updated quarterly and may be subject to revisions as new data becomes available.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate - 64 Years and Over, Seasonally Adjusted (LFAC64TTCHQ647S), retrieved from FRED.