Infra-Annual Labor Statistics: Labor Force Total: From 55 to 64 Years for United States
LFAC55TTUSM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,271,000.00
Year-over-Year Change
1.78%
Date Range
1/1/1955 - 7/1/2025
Summary
This economic trend measures the total labor force participation rate for individuals aged 55 to 64 years in the United States. It provides important insights into workforce participation and retirement patterns among 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
The Infra-Annual Labor Statistics: Labor Force Total: From 55 to 64 Years for United States series tracks the size of the labor force for individuals in the 55 to 64 age group. This metric is used by economists and policymakers to analyze labor market dynamics and the economic engagement of older workers.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This trend is relevant for understanding labor force participation, retirement trends, and the economic implications of an aging population.
Key Facts
- The labor force participation rate for those aged 55-64 was 65.0% as of the latest data.
- The 55-64 age group makes up approximately 20% of the total U.S. labor force.
- Labor force participation rates for older workers have increased in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor force participation rate for individuals aged 55 to 64 years in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into workforce participation and retirement patterns among older workers, which is crucial for understanding labor market dynamics and the economic implications of an aging population.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze labor force participation, retirement trends, and the economic engagement of older workers.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, so there may be some delays in the most recent information.
Related Trends
Amount Outstanding of Total Debt Securities for All Issuers, All Maturities, Residence of Issuer in United States
TDSAMRIAOAIUS
Volatility of Stock Price Index for United States
DDSM01USA066NWDB
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for United States
USAHOUREAAISMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for United States
USACPSDCTGYCTGYM
Composite Leading Indicators: Composite Leading Indicator (CLI) Normalized for United States
USALOLITONOSTSAM
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for United States
USAGDPRQPSMEI
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 55 to 64 Years for United States (LFAC55TTUSM647N), retrieved from FRED.