Infra-Annual Labor Statistics: Inactivity Rate Female: From 55 to 64 Years for OECD
OECDLRIN55FESTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.91
Year-over-Year Change
-6.22%
Date Range
7/1/2010 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Female: From 55 to 64 Years for OECD measures the percentage of women aged 55 to 64 who are not actively participating in the labor force. This metric is important for understanding workforce trends and labor market dynamics in OECD countries.
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 inactivity rate, which captures individuals who are neither employed nor actively seeking work, among women aged 55 to 64 across OECD member states. It provides insights into labor force participation, retirement patterns, and demographic shifts in the workforce.
Methodology
The data is collected through national labor force surveys and compiled by the OECD.
Historical Context
Policymakers and economists use this indicator to assess labor market conditions and inform policies related to retirement, employment, and workforce participation.
Key Facts
- The inactivity rate for women aged 55-64 in OECD countries averages around 40%.
- Inactivity rates vary significantly across OECD countries, with some as low as 20% and others over 60%.
- Trends in the 55-64 female inactivity rate reflect changing social norms, retirement policies, and economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Inactivity Rate Female: From 55 to 64 Years for OECD measures the percentage of women aged 55 to 64 who are not actively participating in the labor force across OECD countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into labor force participation, retirement patterns, and demographic shifts in the workforce, which are important for policymakers and economists to understand labor market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess labor market conditions and inform policies related to retirement, employment, and workforce participation.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential delays in reporting across OECD member states.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Female: From 55 to 64 Years for OECD (OECDLRIN55FESTQ), retrieved from FRED.