Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for France
Annual, Seasonally Adjusted
LFIN55TTFRA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,123,325.00
Year-over-Year Change
-25.44%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted labor force participation rate for individuals aged 55 and over in France. It is a key indicator of labor market engagement 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
The annual, seasonally adjusted labor force participation rate for individuals aged 55 and over in France represents the share of the population in this age group that is either employed or actively seeking work. This metric is widely used by economists and policymakers to analyze workforce trends and inform labor market policies.
Methodology
The data is collected through national labor force surveys and adjusted for seasonal variations.
Historical Context
This trend is relevant for understanding employment patterns, retirement dynamics, and the economic participation of older adults in France.
Key Facts
- The labor force participation rate for individuals aged 55 and over in France was 52.5% in 2021.
- France has experienced a steady increase in the labor force participation of older adults over the past two decades.
- Policymakers in France are focused on promoting active aging and extending working lives to address the challenges of an aging population.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted labor force participation rate for individuals aged 55 and over in France. It represents the share of the population in this age group that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate for older adults is a key indicator of workforce engagement and economic activity among this demographic. It is widely used by economists and policymakers to analyze employment patterns, retirement dynamics, and the economic participation of older adults in France.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the economic participation of older adults and informing labor market policies in France, such as those aimed at promoting active aging and extending working lives to address the challenges of an aging population.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be a slight delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFIN55TTFRA647S), retrieved from FRED.