Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for United States
Quarterly, Seasonally Adjusted
LREM55TTUSQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.74
Year-over-Year Change
1.84%
Date Range
1/1/1977 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the average length of unemployment for the total U.S. labor force on a quarterly basis. This key economic indicator provides insights into the strength and resilience of the labor market.
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 trend represents the average number of weeks that unemployed persons have been jobless, adjusted for seasonal variations. It is a widely-used metric for evaluating labor market dynamics and the overall health of the economy.
Methodology
The data is collected through the U.S. Current Population Survey and calculated as a quarterly average.
Historical Context
Policymakers and economists closely monitor this trend to inform decisions around employment, macroeconomic policy, and workforce development initiatives.
Key Facts
- The average length of unemployment reached a high of 40.7 weeks in 2011.
- The trend has generally declined since the Great Recession, indicating labor market improvement.
- Prolonged unemployment can have negative impacts on individuals, communities, and the broader economy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the average number of weeks that unemployed persons have been jobless in the U.S. labor force.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the strength and resilience of the labor market, which is a key driver of overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey and calculated as a quarterly average.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to inform decisions around employment, macroeconomic policy, and workforce development initiatives.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of 1-2 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LREM55TTUSQ156S), retrieved from FRED.