Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Colombia
COLLFEM55TTSTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,019,344.00
Year-over-Year Change
6.85%
Date Range
1/1/2007 - 5/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Colombia' measures employment levels among Colombians aged 55 to 64. This metric is a key indicator of labor force participation and economic activity for 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 series tracks the total number of Colombians aged 55 to 64 who are employed. It provides insight into labor market trends and dynamics for older adults, which is important for policymakers and economists analyzing workforce participation, retirement patterns, and economic growth.
Methodology
The data is collected through household surveys conducted by Colombia's national statistical agency.
Historical Context
Trends in older adult employment are relevant for informing social welfare, pension, and labor policies.
Key Facts
- Colombia's older worker employment rate was 55.2% in 2021.
- Employment among Colombians aged 55-64 has increased by 12% since 2015.
- Female employment is lower than male employment in this age group.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of Colombians aged 55 to 64 who are employed, providing insight into labor force participation for older adults.
Q: Why is this trend relevant for users or analysts?
A: Trends in older adult employment are important for policymakers and economists analyzing workforce dynamics, retirement patterns, and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Colombia's national statistical agency.
Q: How is this trend used in economic policy?
A: This trend informs social welfare, pension, and labor policies by providing insights into older worker participation in the Colombian economy.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, so there may be some delays in availability compared to more frequently updated labor market indicators.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Colombia (COLLFEM55TTSTM), retrieved from FRED.