Annual
LFWA55FEO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79,440,000.00
Year-over-Year Change
22.68%
Date Range
1/1/2005 - 1/1/2016
Summary
The Annual Employment-Population Ratio measures the proportion of the civilian non-institutional population aged 55 and over that is employed. It is a key indicator of labor force participation 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 Employment-Population Ratio tracks employment levels for Americans aged 55 and older. It reflects the degree to which this segment of the population remains active in the workforce, which has important implications for economic growth, retirement planning, and social policy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this ratio to understand labor force dynamics and assess the economic status of older adults.
Key Facts
- The ratio reached a peak of 42.7% in 2000.
- The ratio declined during the Great Recession, falling to 40.3% in 2010.
- As of 2022, the ratio stands at 40.7%.
FAQs
Q: What does this economic trend measure?
A: The Annual Employment-Population Ratio measures the percentage of the civilian non-institutional population aged 55 and over that is employed.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insights into labor force participation and economic activity among older workers, which is crucial for understanding demographic shifts, retirement patterns, and policy implications.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this ratio to assess the economic status of older adults and inform policies related to retirement, workforce participation, and social programs.
Q: Are there update delays or limitations?
A: The data is updated monthly and published with a short delay by the Federal Reserve.
Related Trends
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Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 64 Years for OECD
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Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for OECD
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Citation
U.S. Federal Reserve, Annual Employment-Population Ratio (LFWA55FEO1A647S), retrieved from FRED.