Quarterly, Seasonally Adjusted
LFWA55TTO1Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156,120,000.00
Year-over-Year Change
4.22%
Date Range
1/1/2005 - 4/1/2017
Summary
This series measures the employment-to-population ratio for the total U.S. population ages 55 and over, adjusted for seasonal variations. It is a key indicator of labor force participation 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 employment-to-population ratio tracks the percentage of the population aged 55 and above who are employed. It provides insight into labor market trends and the economic activity of older individuals, which is crucial for policymakers and economists analyzing workforce dynamics.
Methodology
The data is collected through the U.S. Current Population Survey and adjusted for seasonal factors.
Historical Context
This trend helps inform policies and programs related to retirement, workforce participation, and economic security for older Americans.
Key Facts
- The employment-to-population ratio for ages 55 and over was 40.4% in Q4 2022.
- The ratio has increased by 6 percentage points since the low point in Q2 2020 during the COVID-19 pandemic.
- Older workers make up a growing share of the U.S. labor force as the population ages.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the U.S. population aged 55 and above who are employed, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio for older workers provides important insights into labor force participation, workforce dynamics, and economic security for aging Americans.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey and adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: This trend helps inform policies and programs related to retirement, workforce participation, and economic security for older Americans.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short lag, providing timely information on employment trends for the 55 and over population.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: 15 Years or over for OECD
OECDLFINTTTTSTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 24 Years for OECD
OECDLFIN24TTSTQ
Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 24 Years for OECD
OECDLRIN24FESTQ
Infra-Annual Labor Statistics: Inactivity Rate Female: From 55 to 64 Years for OECD
OECDLRIN55FESTQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for OECD
OECDLRHUTTFESTSAM
Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for OECD
OECDLFHUADFESTSAM
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA55TTO1Q647S), retrieved from FRED.