Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for Finland
LREM55FEFIA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.03
Year-over-Year Change
24.25%
Date Range
1/1/1998 - 1/1/2024
Summary
The Employment Rate Female: From 55 to 64 Years for Finland measures the percentage of Finnish women aged 55 to 64 who are employed. This statistic provides insight into labor force participation and workforce dynamics for older female workers in Finland.
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
This economic indicator tracks employment levels among Finnish women in the 55 to 64 age group. It is used by policymakers, economists, and labor analysts to monitor labor force trends, assess the effectiveness of programs supporting older workers, and understand the economic status of this demographic.
Methodology
The data is collected through household surveys conducted by Statistics Finland.
Historical Context
Policymakers and labor market researchers use this trend to inform decisions around retirement policies, workforce development, and strategies to promote active aging.
Key Facts
- The employment rate for Finnish women aged 55-64 was 68.4% in 2021.
- Finland has one of the highest employment rates for older women in the EU.
- Promoting active aging is a key policy priority in Finland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Finnish women aged 55 to 64 who are employed. It provides insights into labor force participation and workforce dynamics for older female workers in Finland.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and labor analysts seeking to understand labor force participation and workforce dynamics for older women in Finland.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Finland.
Q: How is this trend used in economic policy?
A: Policymakers and labor market researchers use this trend to inform decisions around retirement policies, workforce development, and strategies to promote active aging.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with the latest available figures subject to potential revisions.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for Finland (LREM55FEFIA156N), retrieved from FRED.