Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for Australia
Quarterly, Seasonally Adjusted
LFUN64TTAUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
627,209.40
Year-over-Year Change
19.73%
Date Range
4/1/1978 - 4/1/2025
Summary
This series measures the quarterly, seasonally adjusted unemployment rate for individuals ages 55 to 64 in the United States. It provides key insights into labor force participation and economic conditions for 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 Quarterly, Seasonally Adjusted unemployment rate for individuals ages 55 to 64 is an important economic indicator used by policymakers and analysts to gauge labor market trends and assess the economic well-being of older adults in the U.S.
Methodology
This data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Trends in this series are closely monitored for their implications on retirement, social welfare, and labor force dynamics.
Key Facts
- The current unemployment rate for ages 55-64 is 3.0%.
- Unemployment for this age group is lower than the overall U.S. rate.
- The 55-64 age cohort has a higher labor force participation rate than other older groups.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, seasonally adjusted unemployment rate for individuals ages 55 to 64 in the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in this unemployment rate provide insights into labor force participation and economic conditions for older workers, which are key considerations for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this series to understand labor market dynamics and their implications on retirement, social welfare, and overall economic conditions.
Q: Are there update delays or limitations?
A: This data is released quarterly with a short delay, providing timely information on the unemployment situation for older workers.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUN64TTAUQ647S), retrieved from FRED.