Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Australia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM55FEAUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.83
Year-over-Year Change
-46.20%
Date Range
1/1/1980 - 1/1/2022
Summary
This annual, not seasonally adjusted metric tracks the year-over-year growth rate of employment for women aged 55 and over in the United States. It provides insights into labor force participation and economic activity among older working women.
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 growth rate previous period, annual, not seasonally adjusted series measures the year-over-year percent change in employment for women aged 55 and older. This indicator offers analysts a gauge of economic trends and shifts in the labor force participation of older female workers.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and economists monitor this trend to understand dynamics in the aging workforce and design effective labor market policies.
Key Facts
- Employment growth for women 55+ was 2.1% in 2021.
- The 55+ female labor force participation rate was 40.5% in 2021.
- Women make up 47% of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year growth rate in employment for women aged 55 and older in the United States.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into labor force participation and economic activity among older working women, which is valuable for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to understand dynamics in the aging workforce and design effective labor market policies.
Q: Are there update delays or limitations?
A: There may be some reporting delays, but the data is generally available on a timely basis from the Federal Reserve's FRED database.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM55FEAUA657N), retrieved from FRED.