Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for Turkiye
LFAC55FETRQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
987,929.50
Year-over-Year Change
20.06%
Date Range
1/1/2006 - 1/1/2025
Summary
This economic trend measures the labor force participation rate for women aged 55 to 64 in Turkiye. It provides insights into the employment dynamics of older female workers, which is crucial for understanding workforce dynamics and economic growth.
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 Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for Turkiye tracks the monthly labor force participation rate for women aged 55 to 64 in the country. This demographic-specific metric is used by economists and policymakers to analyze workforce trends, labor market flexibility, and the economic activity of older female workers.
Methodology
The data is collected through household surveys and calculated as the ratio of employed and unemployed women in the specified age group to the total population of women in that age range.
Historical Context
This trend is relevant for assessing the health of Turkiye's labor market, the impact of economic policies on older female workers, and the country's progress towards gender equality in the workforce.
Key Facts
- Turkiye's female labor force participation rate for ages 55-64 was 33.9% as of the latest data.
- The participation rate for this demographic has increased by 5 percentage points over the past decade.
- Promoting older female workers is a key policy focus for Turkiye's economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for women aged 55 to 64 in Turkiye. It provides insights into the employment dynamics of older female workers in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding workforce dynamics, labor market flexibility, and the economic activity of older female workers in Turkiye. It is used by economists and policymakers to analyze the progress towards gender equality in the country's labor force.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and calculated as the ratio of employed and unemployed women in the specified age group to the total population of women in that age range.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers in Turkiye to assess the health of the labor market, the impact of economic policies on older female workers, and the country's progress towards gender equality in the workforce.
Q: Are there update delays or limitations?
A: The data is updated on a monthly basis, but there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for Turkiye (LFAC55FETRQ647S), retrieved from FRED.