Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Norway
LFEM55MANOA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
271,375.00
Year-over-Year Change
21.97%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures employment among Norwegian men aged 55 to 64 years. It provides important insights into labor force participation and workforce dynamics as people approach retirement age.
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 Male: From 55 to 64 Years for Norway trend tracks the employment levels of Norwegian men in the 55-64 age group. This data is used by economists and policymakers to analyze labor market trends and workforce participation among older workers.
Methodology
The data is collected through household surveys conducted by Norway's national statistical agency.
Historical Context
This trend is relevant for understanding employment patterns and labor force participation as workers approach retirement age.
Key Facts
- Employment rate for Norwegian men aged 55-64 is over 70%.
- Norway has one of the highest labor force participation rates among older workers in Europe.
- Male employment in this age group has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels of Norwegian men aged 55 to 64 years old.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into labor force participation and workforce dynamics as people approach retirement age, which is important for understanding employment patterns and labor market trends.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Norway's national statistical agency.
Q: How is this trend used in economic policy?
A: This trend is relevant for economists and policymakers analyzing labor market trends and workforce participation among older workers.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Norwegian statistical agency, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Norway (LFEM55MANOA647S), retrieved from FRED.