Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for OECD
OECDLREM55MASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.89
Year-over-Year Change
3.20%
Date Range
1/1/2007 - 1/1/2025
Summary
The OECD employment rate for males aged 55 to 64 years is an important economic indicator that measures the labor force participation of older workers. This data provides insights into labor market 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 OECD employment rate for males aged 55 to 64 years tracks the percentage of men in this age group who are employed. This metric is used by economists and policymakers to analyze labor force trends, productivity, and the financial security of aging populations.
Methodology
The data is collected through national labor force surveys conducted by OECD member countries.
Historical Context
Policymakers and analysts use this indicator to inform decisions around retirement policies, active aging initiatives, and labor market interventions.
Key Facts
- The OECD male employment rate for ages 55-64 averaged 68.4% in 2021.
- Employment rates for older men vary widely across OECD countries.
- Increasing the employment of older workers is a key policy goal for many nations.
FAQs
Q: What does this economic trend measure?
A: The OECD employment rate for males aged 55 to 64 years tracks the percentage of men in this age group who are employed in OECD member countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into labor force participation and productivity trends among older workers, which is crucial for informing policies on retirement, active aging, and labor market 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 and analysts use this indicator to inform decisions around retirement policies, active aging initiatives, and labor market interventions.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in reporting by member countries.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for OECD (OECDLREM55MASTQ), retrieved from FRED.