Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for France
Annual, Not Seasonally Adjusted
LFAC74TTFRA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,223,220.00
Year-over-Year Change
6.06%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the population aged 74 and over in France. It provides insights into labor market dynamics and aging workforce trends.
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 share of the working-age population that is employed or actively seeking work. Tracking this metric for older workers offers valuable context on labor market engagement and the economic integration of aging populations.
Methodology
The data is collected through national labor force surveys conducted by statistical agencies.
Historical Context
This trend is used by policymakers and economists to assess labor market health and inform policies related to retirement, workforce participation, and population aging.
Key Facts
- France's 74+ labor force participation rate was 2.3% in 2021.
- Participation for this age group has remained relatively stable over the past decade.
- Older workers comprise an increasing share of the total French labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate for the population aged 74 and over in France.
Q: Why is this trend relevant for users or analysts?
A: Tracking labor force participation for older workers provides valuable insights into labor market dynamics and population aging trends that are important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by statistical agencies.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to assess labor market health and inform policies related to retirement, workforce participation, and population aging.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in survey coverage or methodologies.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC74TTFRA647N), retrieved from FRED.