Active Population: Aged 15-64: Males for the European Union
Annual, Not Seasonally Adjusted
LFAC64MAEUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129,588,275.00
Year-over-Year Change
1.03%
Date Range
1/1/2005 - 1/1/2019
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for adults aged 64 and older in the United States. Understanding this metric is crucial for economists and policymakers analyzing workforce participation and retirement trends.
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 represents the percentage of the civilian population aged 64 and older who are employed or actively seeking work. This trend provides insight into the labor market engagement of older adults, which has important implications for economic growth, social programs, and retirement policy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and analysts use this metric to assess the economic participation and well-being of older adults.
Key Facts
- The annual, not seasonally adjusted labor force participation rate for adults aged 64 and older in the U.S. was 19.6% in 2022.
- Labor force participation among older adults has increased over the past two decades as more individuals choose to remain in the workforce.
- Fluctuations in this metric can inform policy decisions related to Social Security, Medicare, and other programs targeting the elderly population.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate for adults aged 64 and older in the United States.
Q: Why is this trend relevant for users or analysts?
A: Understanding the labor force participation of older adults is crucial for economists and policymakers analyzing workforce trends, retirement patterns, and the economic well-being of the elderly 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: Policymakers and analysts use this metric to assess the economic participation and well-being of older adults, which informs decisions related to Social Security, Medicare, and other programs targeting the elderly population.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with an annual average published each year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC64MAEUA647S), retrieved from FRED.