Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for OECD
OECDLREM55TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.98
Year-over-Year Change
4.13%
Date Range
1/1/2007 - 1/1/2025
Summary
The employment rate for individuals aged 55 to 64 in OECD countries is a key economic indicator that measures labor force participation and workforce trends among older workers.
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 indicator tracks the percentage of the population aged 55 to 64 who are employed, providing insight into the labor market engagement and economic activity of older adults. It is widely used by economists and policymakers to analyze workforce dynamics and inform policies related to retirement, training, and labor force participation.
Methodology
The data is collected through national labor force surveys compiled by the OECD.
Historical Context
Trends in the 55-64 employment rate are closely monitored by governments, central banks, and other institutions to assess labor market health and the economic status of older workers.
Key Facts
- The 55-64 employment rate averages around 60% across OECD countries.
- Employment rates for older workers have risen in recent decades as populations age.
- Women's participation in the 55-64 age group has increased significantly.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of the population aged 55 to 64 who are employed, providing insight into labor force participation and workforce trends among older adults.
Q: Why is this trend relevant for users or analysts?
A: Trends in the 55-64 employment rate are closely monitored by economists and policymakers to assess labor market health and the economic status of older workers.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys compiled by the OECD.
Q: How is this trend used in economic policy?
A: Governments, central banks, and other institutions use this indicator to inform policies related to retirement, training, and labor force participation.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis with potential lags in reporting by individual countries.
Related Trends
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OECDLRUN25TTSTSAQ
Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for OECD
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International Trade: Exports: Value (Goods): Total
OECDXTEXVA01STSAQ
Balance of Payments: Primary Income: Expenditure for OECD
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for OECD
OECDLRHUTTMASTSAM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for OECD
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for OECD (OECDLREM55TTSTSAQ), retrieved from FRED.