Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Finland
Quarterly, Not Seasonally Adjusted
LREM55MAFIQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.30
Year-over-Year Change
2.03%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the quarterly, not seasonally adjusted labor force participation rate for men aged 55 and over in the United States. It provides insights into labor market trends and labor force dynamics for older male 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 labor force participation rate measures the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This trend focuses specifically on men aged 55 and older, offering valuable data on the labor force engagement of older workers.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and economists use this trend to analyze workforce participation and retirement patterns among older male workers.
Key Facts
- The labor force participation rate for men aged 55 and over was 68.1% in 2022.
- Participation rates for older male workers have risen in recent decades as employment patterns have shifted.
- Analyzing this trend helps inform policies related to retirement, pension systems, and the aging workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted labor force participation rate for men aged 55 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into labor market dynamics and workforce participation patterns among older male workers, which is valuable for policymakers and economists analyzing employment, retirement, and aging workforce issues.
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 economists use this trend to analyze workforce participation and retirement patterns among older male workers, which informs policies related to employment, pensions, and the aging workforce.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Labor Statistics, with a typical update delay of several weeks.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM55MAFIQ156N), retrieved from FRED.