Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Israel
Quarterly, Not Seasonally Adjusted
LREM55MAILQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.73
Year-over-Year Change
-1.12%
Date Range
1/1/1995 - 4/1/2025
Summary
This economic trend measures the U.S. unemployment rate for persons ages 55 and over. Understanding older adult employment patterns is crucial for policymakers addressing workforce and retirement challenges.
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 Quarterly, Not Seasonally Adjusted unemployment rate for persons aged 55 and over provides insight into the labor force participation and joblessness of older workers. This data helps analysts assess the economic security and labor market experiences of the aging population.
Methodology
The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this unemployment rate to evaluate employment trends and design programs supporting older workers.
Key Facts
- The Q4 2022 unemployment rate for ages 55+ was 2.9%.
- Older workers have lower unemployment rates than other age groups.
- The 55+ unemployment rate reached a high of 8.7% during the 2008 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted unemployment rate for persons aged 55 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: Understanding unemployment patterns among older adults is crucial for policymakers addressing workforce and retirement challenges faced by the aging population.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this unemployment rate to evaluate employment trends and design programs supporting older workers.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical 1-2 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM55MAILQ156N), retrieved from FRED.