Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 74 Years for Austria
Quarterly, Not Seasonally Adjusted
LFWA74FEATQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,459,300.00
Year-over-Year Change
2.00%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the labor force participation rate for women aged 74 and older in the United States. It provides insights into the workforce engagement of older female individuals, which is relevant for policymakers and labor economists.
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 labor force participation rate tracks the percentage of the civilian non-institutional population that is either employed or actively seeking work. This metric is a key indicator of economic activity and labor market dynamics, especially among vulnerable demographic groups like the elderly.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau and Bureau of Labor Statistics.
Historical Context
Trends in older adult labor force participation can inform policies related to retirement, social welfare, and workforce development.
Key Facts
- The labor force participation rate for women aged 74 and older was 7.3% in Q4 2022.
- Participation rates have gradually increased over the past two decades as older adults remain in the workforce longer.
- Women's participation in this age group is lower than men's, reflecting societal and economic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for women aged 74 and older in the United States. It tracks the percentage of this demographic that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: Trends in older adult labor force participation provide insights into workforce engagement, economic activity, and the evolving dynamics of retirement among vulnerable populations.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau and Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analyses of this metric can inform policies related to retirement, social welfare, and workforce development for older adults.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a short publication delay, providing timely insights into this economic indicator.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWA74FEATQ647N), retrieved from FRED.