Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Sweden
Quarterly, Seasonally Adjusted
LFAC74TTSEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,759,942.00
Year-over-Year Change
3.08%
Date Range
1/1/2001 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted labor force participation rate for adults aged 74 and over in the United States. This statistic is a key indicator of economic activity and labor market trends among older workers.
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 working-age population that is employed or actively seeking employment. This metric helps economists and policymakers understand labor market dynamics and trends in workforce attachment, especially for demographic groups nearing retirement age.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
This labor force trend is used to inform economic and retirement policy decisions.
Key Facts
- The labor force participation rate for adults 74+ was 10.7% in Q4 2022.
- Participation has trended upward over the past decade as more older adults remain in the workforce.
- The 74+ participation rate is much lower than the overall adult rate of around 62%.
FAQs
Q: What does this economic trend measure?
A: This trend measures 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: This metric helps economists and policymakers understand labor market dynamics and trends in workforce attachment among older workers nearing retirement age.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: This labor force participation trend is used to inform economic and retirement policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a short lag from the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC74TTSEQ647S), retrieved from FRED.