Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Finland
LFEM55FEFIA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
263,050.00
Year-over-Year Change
14.12%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures employment among Finnish women aged 55 to 64 years, providing insights into labor force participation and demographic 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 Finland series tracks the number of employed Finnish women in the 55 to 64 age group. This data is used by economists and policymakers to analyze labor market dynamics, aging populations, and employment trends.
Methodology
The data is collected through national labor force surveys conducted by Statistics Finland.
Historical Context
This trend is relevant for assessing workforce participation, retirement patterns, and economic policies affecting older workers.
Key Facts
- Finland has one of the highest employment rates for older women in the OECD.
- The 55-64 age group accounts for over 60% of Finland's female labor force.
- Finland's pension reforms have encouraged later retirement and higher employment among older adults.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment level of Finnish women aged 55 to 64 years, providing insights into labor force participation and demographic shifts.
Q: Why is this trend relevant for users or analysts?
A: This data is important for evaluating workforce dynamics, aging populations, and the impact of economic policies on older workers.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Statistics Finland.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the effectiveness of initiatives aimed at increasing employment among older adults and supporting an aging workforce.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, with some potential delays in availability compared to real-time labor market conditions.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Finland (LFEM55FEFIA647N), retrieved from FRED.