Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Estonia
Quarterly, Not Seasonally Adjusted
LFEM64TTEEQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.32
Year-over-Year Change
-114.96%
Date Range
4/1/2000 - 7/1/2023
Summary
This trend measures the number of employed persons aged 64 and over in the U.S. on a quarterly, not seasonally adjusted basis. Understanding employment dynamics among older workers is crucial for economists and policymakers assessing labor force participation and economic growth.
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, Not Seasonally Adjusted employment series for individuals aged 64 and over provides insight into the employment status of older Americans. This data is used by analysts to monitor trends in labor force participation and retirement patterns, which have important implications for economic productivity, social programs, and workforce planning.
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 economists closely follow employment trends among older adults to inform decisions around Social Security, Medicare, and workforce development initiatives.
Key Facts
- The employment-population ratio for those aged 64 and over was 19.3% in Q4 2022.
- Employment among older adults has increased significantly over the past two decades.
- Trends in older worker employment are closely watched for insights into retirement patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employed persons aged 64 and over in the United States on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Tracking employment among older adults is crucial for understanding labor force participation, retirement patterns, and the economic implications of an aging population.
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 economists closely follow employment trends among older adults to inform decisions around Social Security, Medicare, and workforce development initiatives.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a delay of approximately one month after the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEM64TTEEQ657N), retrieved from FRED.