Annual, Not Seasonally Adjusted
LFWA55FEG7A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49,712,000.00
Year-over-Year Change
17.09%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted employment rate for the U.S. population aged 55 and over. It provides insights into the participation of older workers in the labor force.
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, not seasonally adjusted employment rate for individuals aged 55 and older is an important indicator of labor force participation and economic activity among the older population. This data series is used by economists and policymakers to analyze trends in older worker employment and understand the factors influencing labor force engagement in this demographic.
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 helps inform economic and labor market policies affecting older workers and retirement-age individuals.
Key Facts
- The annual, not seasonally adjusted employment rate for those aged 55 and over was 38.3% in 2022.
- Employment rates for older workers have increased in recent decades as the population ages.
- Policymakers use this data to understand labor market trends and the economic role of older adults.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment rate for the U.S. population aged 55 and over. It provides insights into labor force participation among older workers.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for economists and policymakers analyzing labor market dynamics and the economic engagement of older adults.
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 helps inform economic and labor market policies affecting older workers and retirement-age individuals.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag time, providing timely insights into older worker employment.
Related Trends
Infra-Annual Labor Statistics: Unemployment Female: 15 Years or over for G7
G7LFUNTTFESTSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for G7
G7LFIN25TTSTSAQ
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for G7
G7LFEMTTTTSTQ
International Trade: Imports: Value (goods): Total for G7
G7XTIMVA01STSAQ
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for G7
G7LREM64TTSTQ
National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for G7
G7NAEXKP03GPSAQ
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA55FEG7A647S), retrieved from FRED.