Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Luxembourg
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM55MALUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.93
Year-over-Year Change
-14.29%
Date Range
1/1/2004 - 1/1/2022
Summary
This annual, not seasonally adjusted trend measures the growth rate of the labor force for men aged 55 and over. It provides insights into workforce participation and aging population dynamics.
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 growth rate captures changes in the number of individuals actively working or seeking employment within a specific demographic group. This metric is useful for analyzing labor market trends and informing workforce development policies.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
Policymakers and labor economists closely monitor workforce participation rates to understand the impacts of economic, social, and demographic shifts.
Key Facts
- The growth rate averaged 0.4% annually from 2010-2020.
- Men aged 55+ make up over 20% of the total U.S. labor force.
- Declining growth rates can signal workforce challenges due to aging populations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of the labor force for men aged 55 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into workforce participation and aging population dynamics, which are crucial for policymakers and labor economists.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and labor economists closely monitor workforce participation rates to understand the impacts of economic, social, and demographic shifts.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions based on updated survey responses.
Related Trends
Production: Industry: Total Industry Excluding Construction for Luxembourg
PRINTO01LUA659S
Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Luxembourg
LUXCPHP0400IXEBM
National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Luxembourg
LUXGDPNQDSMEI
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 55 to 64 Years for Luxembourg
LRAC55TTLUQ156N
Business Tendency Surveys: Selling Prices: Economic Activity: Manufacturing: Future Tendency for Luxembourg
BSSPFT02LUM460S
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Luxembourg
CPGREN01LUM657N
Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM55MALUA657N), retrieved from FRED.