Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Portugal
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM64TTPTA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.82
Year-over-Year Change
-230.77%
Date Range
1/1/1999 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate of employment for adults aged 64 and over. It provides insights into labor force participation and workforce dynamics 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
The growth rate previous period, annual, not seasonally adjusted metric tracks changes in employment levels for individuals aged 64 and above compared to the same period in the prior year. This indicator offers valuable data for analyzing labor market trends and the economic engagement of older adult populations.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
This trend is closely monitored by policymakers, economists, and workforce analysts to understand labor force participation and aging workforce dynamics.
Key Facts
- The growth rate reached a high of 1.8% in 2017.
- Employment for adults 64 and over has steadily increased in recent decades.
- Older workers now make up a larger share of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of employment for adults aged 64 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into labor force participation and workforce dynamics among older workers, which is increasingly important for policymakers and economists analyzing aging population trends.
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: This trend is closely monitored by policymakers, economists, and workforce analysts to understand labor force participation and aging workforce dynamics, which informs policy decisions related to employment, retirement, and social programs.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM64TTPTA657N), retrieved from FRED.