Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for Finland
Annual, Seasonally Adjusted
LREM55FEFIA156S • 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
This economic trend measures the annual, seasonally adjusted labor force participation rate for individuals aged 55 and over in the United States. It is an important indicator of labor market dynamics and aging workforce trends.
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 measures the percentage of the working-age population that is employed or actively seeking employment. This specific series focuses on individuals aged 55 and older, providing insights into the labor market engagement of older workers.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and analysts use this trend to evaluate labor market conditions and the economic impacts of an aging population.
Key Facts
- The labor force participation rate for individuals aged 55 and over was 61.8% in 2022.
- Older workers have been a growing share of the U.S. labor force in recent decades.
- Participation rates vary by gender, education, and other demographic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted labor force participation rate for individuals aged 55 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the labor market engagement of older workers, which is an important factor in evaluating overall labor market dynamics and the economic impacts of an aging population.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate labor market conditions and the economic impacts of an aging population.
Q: Are there update delays or limitations?
A: The data is updated monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM55FEFIA156S), retrieved from FRED.