Quarterly
LFEM64MAO1Q657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.52
Year-over-Year Change
-4.28%
Date Range
4/1/2005 - 4/1/2017
Summary
The Quarterly trend measures the number of employed persons aged 65 and over in the United States. This metric is closely watched by economists and policymakers to understand labor force participation and aging workforce 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 Quarterly series tracks the seasonally adjusted count of employed individuals aged 65 and older in the U.S. civilian non-institutional population. It provides insight into trends in senior labor force engagement, which has important implications for retirement policy, economic growth, and social welfare programs.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Quarterly employment figures for older workers inform policy discussions around Social Security, Medicare, and programs supporting the aging population.
Key Facts
- The U.S. population aged 65 and older is projected to reach 94 million by 2060.
- In 2021, the labor force participation rate for those aged 65 and up was 19.3%.
- Older workers account for a growing share of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the seasonally adjusted number of employed persons aged 65 and over in the U.S. civilian non-institutional population.
Q: Why is this trend relevant for users or analysts?
A: Tracking senior employment is crucial for understanding labor force dynamics, retirement patterns, and the economic impacts of an aging population.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Quarterly employment figures for older workers inform policy discussions around Social Security, Medicare, and programs supporting the aging population.
Q: Are there update delays or limitations?
A: The Quarterly data is released with a short delay and may be subject to revisions by the Bureau of Labor Statistics.
Related Trends
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 64 Years for OECD
OECDLRAC64FESTSAQ
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for OECD
OECDLFUN64TTSTQ
Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 24 Years for OECD
OECDLRIN24TTSTQ
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for OECD
OECDLRAC25TTSTQ
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for OECD
OECDB6BLTT01CXCUQ
Infra-Annual Labor Statistics: Unemployment Rate Male: From 55 to 64 Years for OECD
OECDLRUN55MASTQ
Citation
U.S. Federal Reserve, Quarterly (LFEM64MAO1Q657N), retrieved from FRED.