Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 55 to 64 Years for OECD
OECDLFIN55FESTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,641,130.00
Year-over-Year Change
-4.49%
Date Range
7/1/2010 - 1/1/2025
Summary
This economic trend measures the number of women aged 55 to 64 who are not participating in the labor force in OECD countries. Understanding labor force participation is crucial for evaluating economic activity and productivity.
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 'Persons Outside the Labor Force Female: From 55 to 64 Years for OECD' trend tracks the number of women aged 55 to 64 who are not employed or actively seeking work. This data provides insights into labor market dynamics and trends in older female participation.
Methodology
The data is collected through national labor force surveys across OECD member countries.
Historical Context
Policymakers use this information to develop programs and policies that encourage active participation in the workforce.
Key Facts
- Women aged 55-64 comprise a significant portion of the OECD labor force.
- Labor force participation rates for older women have been rising in recent decades.
- Understanding female labor trends is crucial for economic and social policy planning.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of women aged 55 to 64 who are not participating in the labor force across OECD countries.
Q: Why is this trend relevant for users or analysts?
A: Tracking labor force participation, especially among older women, provides valuable insights into economic activity, productivity, and the potential for policy interventions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by OECD member countries.
Q: How is this trend used in economic policy?
A: Policymakers use this information to develop programs and policies that encourage active participation in the workforce, especially among older female workers.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, with some potential for delays in reporting across OECD member countries.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 55 to 64 Years for OECD (OECDLFIN55FESTQ), retrieved from FRED.