Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for United States
Monthly, Seasonally Adjusted
LFAC64TTUSM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158,579,000.00
Year-over-Year Change
1.18%
Date Range
1/1/1970 - 7/1/2025
Summary
This monthly, seasonally adjusted economic trend measures the civilian labor force participation rate for those aged 64 and over in the United States. This key statistic is closely watched by economists and policymakers to understand evolving labor market dynamics and retirement patterns.
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 civilian labor force participation rate measures the share of the civilian noninstitutional population that is either employed or actively seeking work. The 64 and over cohort provides insights into late-career employment trends and the aging of the workforce.
Methodology
This data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate for older workers is an important input for economic and demographic analysis, workforce planning, and retirement policy discussions.
Key Facts
- The U.S. 64 and over labor force participation rate was 19.1% in January 2023.
- Participation has increased from a low of 11.9% in 1985 as Americans work later in life.
- The aging Baby Boomer generation is a key driver of rising older worker participation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate for Americans aged 64 and over. It shows the percentage of this age group that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The 64+ labor force participation rate provides important insights into workforce dynamics, retirement patterns, and the aging of the U.S. population. It is closely watched by economists, policymakers, and labor market analysts.
Q: How is this data collected or calculated?
A: This data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The 64+ labor force participation rate is an important input for economic and demographic analysis, workforce planning, and retirement policy discussions.
Q: Are there update delays or limitations?
A: This monthly, seasonally adjusted data series is published with a short lag by the U.S. Federal Reserve and is considered a reliable, timely indicator of older worker labor market trends.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for United States
LREM24TTUSM156S
Stock Market Turnover Ratio (Value Traded/Capitalization) for United States
DDEM01USA156NWDB
M1 for United States
MYAGM1USM052S
International Trade: Imports: Value (Goods): Total for United States
XTIMVA01USQ188S
Ease of doing business index for the United States
ICBUSEASEXQUSA
Bank's Return on Assets for United States
DDEI05USA156NWDB
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFAC64TTUSM647S), retrieved from FRED.