Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 55 to 64 Years for France
LRAC55MAFRQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.50
Year-over-Year Change
7.78%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the labor force participation rate for men aged 55 to 64 in France. It provides insights into workforce dynamics and retirement patterns for this demographic.
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 represents the percentage of the working-age population that is employed or actively seeking employment. This metric is closely monitored by economists and policymakers to understand labor market trends and inform workforce development initiatives.
Methodology
The data is collected through household surveys conducted by national statistical agencies.
Historical Context
Trends in this rate can signal shifts in retirement behavior, labor shortages, or the effectiveness of policies aimed at extending working lives.
Key Facts
- France's male 55-64 labor force participation rate was 57.3% in 2021.
- This rate has increased from 47.7% in 2000, indicating later retirement ages.
- The rate remains lower than the OECD average of 68.7% for this age group.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of French men aged 55 to 64 who are employed or actively seeking work, known as the labor force participation rate.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into workforce dynamics, retirement patterns, and the effectiveness of policies aimed at extending working lives for older workers.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: Trends in this rate can signal shifts in retirement behavior and labor shortages, informing workforce development initiatives and retirement policy.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in data reporting from national sources.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 55 to 64 Years for France (LRAC55MAFRQ156N), retrieved from FRED.