Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for Austria
Quarterly, Seasonally Adjusted
LFIN64FEATQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
743,375.80
Year-over-Year Change
-4.87%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted labor force participation rate for individuals aged 64 and over in the United States. It provides insights into the level of labor market engagement among older adults.
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, seasonally adjusted labor force participation rate for individuals aged 64 and over is a key indicator of economic and demographic trends. It reflects the willingness and ability of older adults to remain active in the workforce, which has important implications for labor supply, economic growth, and policymaking.
Methodology
This data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and economists use this trend to assess labor market dynamics and the economic participation of older Americans.
Key Facts
- The labor force participation rate for those aged 64 and over has risen from around 10% in the 1960s to over 20% today.
- Participation rates are higher for men than women in this age group.
- Trends in older adult labor force participation reflect a range of economic, social, and demographic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted labor force participation rate for individuals aged 64 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the level of labor market engagement among older adults, which has important implications for labor supply, economic growth, and policymaking.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess labor market dynamics and the economic participation of older Americans.
Q: Are there update delays or limitations?
A: The data is updated quarterly, but there may be some delays in publication.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN64FEATQ647S), retrieved from FRED.