Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for Japan
Annual, Seasonally Adjusted
LFWA55TTJPA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,970,830.00
Year-over-Year Change
-13.21%
Date Range
1/1/1968 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' series measures the annual average of the seasonally adjusted employment-to-population ratio for the population aged 55 and over. This key labor force metric provides insight into the employment trends of 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 employment-to-population ratio represents the proportion of the civilian noninstitutional population aged 55 and over that is employed. Analyzing this ratio helps economists and policymakers understand labor force participation and workforce trends among older adults.
Methodology
The data is collected through the U.S. Current Population Survey and seasonally adjusted using standard statistical methods.
Historical Context
This economic indicator is widely used to assess the labor market engagement of older Americans and inform workforce and retirement policies.
Key Facts
- The annual average employment-to-population ratio for those aged 55 and over was 40.0% in 2022.
- The ratio has increased significantly over the past two decades as more older adults remain in the workforce.
- Trends in this metric help policymakers understand the economic activity and financial security of the aging population.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' series measures the proportion of the civilian population aged 55 and over that is employed on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into labor force participation and workforce trends among older adults, which informs economic and social policies related to aging populations.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey and seasonally adjusted using standard statistical methods.
Q: How is this trend used in economic policy?
A: This employment-to-population ratio for older workers is widely used by economists, policymakers, and institutions to assess labor market engagement and inform workforce and retirement policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA55TTJPA647S), retrieved from FRED.