Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Japan
Quarterly, Seasonally Adjusted
LFAC74MAJPQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,530,800.00
Year-over-Year Change
-0.76%
Date Range
1/1/1978 - 4/1/2025
Summary
This economic indicator measures quarterly, seasonally adjusted labor force participation rates for adults aged 74 and over in the United States. Understanding labor force participation trends in this demographic is crucial for policymakers and economists analyzing labor market dynamics and workforce participation.
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, Seasonally Adjusted labor force participation rate for adults aged 74 and over tracks the share of this population that is employed or actively seeking work. This metric provides insights into workforce engagement, retirement patterns, and the economic activities of older Americans.
Methodology
The data is collected through the U.S. Current Population Survey and seasonally adjusted to account for predictable fluctuations.
Historical Context
Policymakers and economists closely monitor this indicator to assess the economic health and labor market engagement of the aging population.
Key Facts
- The labor force participation rate for adults aged 74 and over was 9.9% in Q1 2023.
- Participation rates in this age group have steadily increased over the past two decades.
- Older adults are remaining in the workforce for longer, driven by factors like improved health and financial need.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly, seasonally adjusted labor force participation rate for adults aged 74 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: Understanding labor force participation among older adults provides insights into workforce dynamics, retirement patterns, and the economic engagement of the aging population.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey and seasonally adjusted to account for predictable fluctuations.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess the economic health and labor market engagement of the aging population.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, providing timely insights into labor force participation trends for older adults.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC74MAJPQ647S), retrieved from FRED.