Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for OECD
OECDLRAC55FESTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.09
Year-over-Year Change
4.81%
Date Range
7/1/2010 - 1/1/2025
Summary
The Labor Force Participation Rate Female: From 55 to 64 Years for OECD measures the percentage of women aged 55 to 64 who are employed or actively seeking work. This metric provides insight into labor market participation and engagement of older female workers, which is important for assessing economic productivity and policy implications.
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 economic indicator tracks the labor force participation rate specifically for women aged 55 to 64 across OECD countries. It offers a detailed view of employment trends within this demographic, which is crucial for evaluating workforce dynamics, retirement patterns, and the impacts of policies targeting older workers.
Methodology
The data is collected through national labor force surveys conducted by statistical agencies in OECD member countries.
Historical Context
This trend is closely monitored by policymakers, labor economists, and workforce analysts to understand labor market participation and labor supply trends, especially as they relate to aging populations and policies promoting extended work life.
Key Facts
- Participation rate for women aged 55-64 in OECD countries averaged 59.4% in 2021.
- The female 55-64 participation rate has risen over 10 percentage points since 2000.
- Japan has the highest female 55-64 participation rate among OECD nations at 77.7% in 2021.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for OECD tracks the percentage of women aged 55 to 64 who are employed or actively seeking work across OECD countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into labor market participation and engagement of older female workers, which is crucial for evaluating workforce dynamics, retirement patterns, and the impacts of policies targeting extended work life.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by statistical agencies in OECD member countries.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, labor economists, and workforce analysts to understand labor market participation and labor supply trends, especially as they relate to aging populations and policies promoting extended work life.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual (quarterly) basis, with some potential for minor delays in reporting by individual OECD member countries.
Related Trends
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Production: Industry: Total
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Infra-Annual Labor Statistics: Working-Age Population Female: From 55 to 64 Years for OECD
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for OECD (OECDLRAC55FESTQ), retrieved from FRED.