Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Czechia
Persons, Annual, Seasonally Adjusted
LFEM55FECZA647S • 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 the total number of employed persons aged 55 and over in the United States, adjusted for seasonal variations. It provides key insights into the labor force participation and employment dynamics of the aging population.
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 Persons, Annual, Seasonally Adjusted series represents the total number of employed individuals aged 55 and above in the U.S. labor force. It is a widely referenced indicator for analyzing workforce trends, labor market participation, and the economic integration of older workers.
Methodology
The data is collected through the U.S. Current Population Survey and seasonally adjusted by the Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and labor market analysts to inform employment, retirement, and economic policies affecting the aging population.
Key Facts
- The U.S. employed population aged 55 and over reached a record high of over 35 million in 2021.
- The labor force participation rate for individuals aged 55 and above has increased from 40% in the 1990s to over 60% today.
- Older workers now comprise nearly a quarter of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons aged 55 and over in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides key insights into the labor force participation and employment dynamics of the aging population, which is crucial for informing employment, retirement, and economic policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey and seasonally adjusted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and labor market analysts to inform policies affecting the aging population and their participation in the workforce.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM55FECZA647S), retrieved from FRED.