Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Luxembourg
Annual, Seasonally Adjusted
LREM64FELUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.20
Year-over-Year Change
13.85%
Date Range
1/1/2003 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted labor force participation rate for individuals aged 64 and over in the United States. It provides insights into long-term workforce trends and aging population dynamics.
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 is a key economic indicator that represents the proportion of the working-age population that is either employed or actively seeking employment. This specific series focuses on the participation rate for older Americans, which is useful for analyzing labor market engagement and retirement trends.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and economists monitor this metric to understand workforce participation, retirement patterns, and the economic implications of an aging population.
Key Facts
- The U.S. labor force participation rate for ages 64 and over was 19.3% in 2022.
- Participation rates for older workers have increased over the past two decades.
- Factors like health, education, and financial security influence older Americans' labor force engagement.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage of the U.S. population aged 64 and over that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: Tracking the labor force participation of older Americans provides insights into workforce dynamics, retirement patterns, and the economic implications of an aging population.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to understand workforce participation, retirement trends, and the economic impact of demographic shifts.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-month delay.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM64FELUA156S), retrieved from FRED.