Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for G7
Seasonally Adjusted
G7LREM55TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.91
Year-over-Year Change
3.77%
Date Range
1/1/2005 - 1/1/2025
Summary
The Seasonally Adjusted trend measures the seasonally adjusted total nonfarm employment level in the United States. This key economic indicator provides insight into the overall health and direction of the U.S. labor market.
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 Seasonally Adjusted series adjusts the total nonfarm employment figures to account for regular seasonal variations, allowing for a clearer picture of underlying employment trends. This data is widely used by economists, policymakers, and analysts to monitor the strength of the U.S. economy.
Methodology
The data is collected and seasonally adjusted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and investors closely track this metric to inform decisions about monetary and fiscal policy.
Key Facts
- The Seasonally Adjusted series dates back to 1939.
- It excludes proprietors, private household employees, unpaid volunteers, farm employees, and the Armed Forces.
- The U.S. economy added 390,000 jobs in May 2022 on a seasonally adjusted basis.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted trend measures the seasonally adjusted total nonfarm employment level in the United States, providing insight into the overall health of the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator is widely used by economists, policymakers, and analysts to monitor the strength of the U.S. economy and inform decisions about monetary and fiscal policy.
Q: How is this data collected or calculated?
A: The data is collected and seasonally adjusted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and investors closely track this metric to inform decisions about monetary and fiscal policy, as it provides insight into the overall health and direction of the U.S. labor market.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted series is published monthly by the U.S. Bureau of Labor Statistics, with the latest data typically available within a few weeks of the reference period.
Related Trends
Balance of Payments: Direct Investment: Assets (or Net Acquisition of Assets) for G7
G7B6FADI02CXCUQ
Infra-Annual Labor Statistics: Unemployment Total: From 25 to 54 Years for G7
G7LFUN25TTSTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 55 to 64 Years for G7
G7LFIN55FESTQ
Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 24 Years for G7
G7LFWA24MASTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: 15 Years or over for G7
G7LFINTTTTSTQ
Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for G7
G7LFWA55TTSTSAQ
Citation
U.S. Federal Reserve, Seasonally Adjusted (G7LREM55TTSTSAQ), retrieved from FRED.