Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for Portugal
Quarterly, Seasonally Adjusted
LFAC55MAPTQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
539,027.00
Year-over-Year Change
5.56%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted labor force participation rate for the population aged 55 and over. It provides important insights into workforce trends and retirement dynamics.
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 labor force participation rate measures the percentage of the civilian non-institutional population aged 55 and over that is employed or actively seeking employment. This metric is closely watched by economists and policymakers to understand shifts in labor supply and the aging workforce.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a key indicator used to assess the health of the labor market and inform economic and social policies.
Key Facts
- The labor force participation rate for ages 55 and over was 38.3% in 2022.
- Participation rates have increased significantly since the 1990s as more older adults remain in the workforce.
- Declining participation rates can signal retirements or discouraged workers leaving the labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted labor force participation rate for the population aged 55 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate for older adults provides important insights into workforce trends, retirement dynamics, and the overall health of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate for ages 55 and over is closely monitored by economists and policymakers to assess the state of the labor market and inform policies related to employment, retirement, and social programs.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical one-month lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC55MAPTQ647S), retrieved from FRED.