Infra-Annual Labor Statistics: Employment Female: From 15 to 74 Years for Finland
Persons, Annual, Seasonally Adjusted
LFEM74FEFIA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,267,425.00
Year-over-Year Change
6.71%
Date Range
1/1/1998 - 1/1/2024
Summary
The 'Persons, Annual, Seasonally Adjusted' trend measures the total civilian labor force participation rate for women aged 74 and over in the United States. This metric is a key indicator of labor market trends and economic activity.
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 represents the percentage of the civilian non-institutional population aged 74 and over who are either employed or actively seeking work. It is a widely-tracked statistic used by economists, policymakers, and labor market analysts to understand workforce participation and economic dynamics among older adults.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey and published by the Bureau of Labor Statistics.
Historical Context
Trends in older adult labor force participation are closely monitored for their implications on economic growth, retirement policy, and social welfare programs.
Key Facts
- The labor force participation rate for women aged 74 and over was 6.4% in 2022.
- Participation rates have increased in recent decades as more older adults remain active in the workforce.
- Trends in older adult labor supply have important policy implications for retirement systems and social safety nets.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the percentage of the civilian non-institutional population aged 74 and over who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: Trends in older adult labor force participation are closely monitored for their implications on economic growth, retirement policy, and social welfare programs.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey and published by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric informs policymakers and economists about workforce dynamics and labor market trends among older adults, which has implications for retirement systems, social safety nets, and economic growth.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM74FEFIA647S), retrieved from FRED.