Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Colombia
COLLREM55TTSTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.51
Year-over-Year Change
3.88%
Date Range
1/1/2007 - 5/1/2025
Summary
The Employment Rate Total: From 55 to 64 Years for Colombia measures the percentage of Colombians aged 55 to 64 who are employed. This provides insight into the labor force participation of older workers, a key economic indicator.
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 trend represents the share of Colombians aged 55 to 64 who are actively employed. It is a valuable metric for assessing the labor market engagement and economic activity of older adults, a demographic that is increasingly important for policymakers and economists.
Methodology
The data is collected through national labor force surveys conducted by the Colombian government.
Historical Context
This employment rate trend is used to inform economic and social policies related to aging, retirement, and labor market dynamics.
Key Facts
- The employment rate for Colombians aged 55-64 was 72.3% in 2021.
- Colombia's employment rate for this age group has remained relatively stable over the past decade.
- Policymakers use this metric to assess the economic integration of older adults.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Colombians aged 55 to 64 who are employed or actively participating in the labor force.
Q: Why is this trend relevant for users or analysts?
A: The employment rate of older workers is an important indicator of labor market dynamics, economic activity, and the integration of an aging population.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Colombian government.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to inform policies related to retirement, workforce participation, and the economic inclusion of older adults.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Colombian government, but there may be some delay in availability compared to real-time labor market conditions.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Colombia (COLLREM55TTSTM), retrieved from FRED.