Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Norway
LFEM55TTNOQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
499,500.00
Year-over-Year Change
1.38%
Date Range
4/1/1999 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Norway' trend measures the employment levels of Norwegians aged 55 to 64. This data provides insights into labor force participation and economic activity among older workers.
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
This series tracks the total number of Norwegians aged 55 to 64 who are employed. It is a key indicator of labor market trends and workforce dynamics for older adults in Norway. Economists and policymakers use this data to assess employment, retirement, and economic inclusion patterns.
Methodology
The data is collected through labor force surveys conducted by Norway's national statistical agency.
Historical Context
Trends in older adult employment are closely watched by policymakers for their implications on social programs, economic productivity, and workforce planning.
Key Facts
- Norway has one of the highest employment rates for older adults in the OECD.
- Employment among Norwegians aged 55-64 has risen steadily over the past decade.
- Older adult employment is a key policy focus for maintaining economic productivity in Norway.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment levels of Norwegians aged 55 to 64 years old.
Q: Why is this trend relevant for users or analysts?
A: Trends in older adult employment provide important insights into labor force participation, retirement patterns, and economic inclusion in Norway.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by Norway's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor older adult employment to assess the implications for social programs, economic productivity, and workforce planning.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Norway (LFEM55TTNOQ647N), retrieved from FRED.