Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Czechia
LFEM55FECZA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
451,000.00
Year-over-Year Change
51.30%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures employment levels for women aged 55 to 64 in Czechia. Understanding labor force participation in this demographic is crucial for policymakers addressing workforce participation and retirement 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 Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Czechia data series tracks the number of employed women aged 55 to 64 in the Czech Republic. This metric provides insights into labor force participation and economic activity for older female workers, which is valuable for workforce planning and pension policy analysis.
Methodology
The data is collected through household labor force surveys conducted by the Czech Statistical Office.
Historical Context
This employment trend is widely used by economists, policymakers, and labor market analysts to assess labor force dynamics and workforce participation patterns.
Key Facts
- Employment rate for women aged 55-64 in Czechia was 57.4% in 2021.
- Czechia has seen steady increases in older female workforce participation since the early 2000s.
- Trends in this metric help inform pension and retirement policies in Czechia.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of employed women aged 55 to 64 in the Czech Republic, providing insights into labor force participation for older female workers.
Q: Why is this trend relevant for users or analysts?
A: Understanding employment patterns in this demographic is crucial for policymakers addressing workforce participation, retirement trends, and labor force dynamics.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: This employment metric is widely used by economists, policymakers, and labor market analysts to assess workforce participation and inform pension, retirement, and labor force policies.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual (more frequent than annual) basis, providing timely insights, but may be subject to revisions or lags in data collection.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Czechia (LFEM55FECZA647N), retrieved from FRED.