Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for OECD
Persons, Seasonally Adjusted
OECDLFEM55FESTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51,201,730.00
Year-over-Year Change
7.21%
Date Range
1/1/2007 - 1/1/2025
Summary
The 'Persons, Seasonally Adjusted' trend measures the total labor force participation rate for the United States. This key economic indicator provides insight into the overall health and activity 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 seasonally adjusted labor force participation rate tracks the percentage of the civilian non-institutional population aged 15-64 that is either employed or actively seeking work. It is a widely used metric for understanding workforce dynamics and employment trends.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD) based on official labor force surveys.
Historical Context
Policymakers and economists closely monitor this labor force participation rate to assess the strength of the economy and inform decisions around fiscal and monetary policies.
Key Facts
- The U.S. labor force participation rate was 62.2% as of the latest data.
- Participation rates have declined from a peak of 67.3% in 2000.
- Women's participation has increased over time, while men's has decreased.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population aged 15-64 that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This labor force participation rate is a key indicator of the strength and health of the overall economy, providing insight into workforce dynamics and employment trends.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on official labor force surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this participation rate to assess the state of the economy and inform decisions around fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The OECD publishes this seasonally adjusted data on a regular basis, with some potential for delays in the most recent figures.
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Citation
U.S. Federal Reserve, Persons, Seasonally Adjusted (OECDLFEM55FESTSAQ), retrieved from FRED.