Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Portugal
Quarterly, Not Seasonally Adjusted
LFAC74MAPTQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,789,500.00
Year-over-Year Change
6.06%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the labor force participation rate for individuals aged 74 and over in the United States on a quarterly, not seasonally adjusted basis. It provides insights into labor market dynamics and participation trends 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 labor force participation rate measures the proportion of the working-age population that is employed or actively seeking employment. This specific series focuses on individuals aged 74 and above, offering a valuable data point for understanding labor market engagement and trends among older Americans.
Methodology
The data is collected through the U.S. Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This trend is used by economists, policymakers, and labor market analysts to assess labor force participation and workforce dynamics among the aging population.
Key Facts
- The labor force participation rate for individuals aged 74 and over was 8.1% in Q1 2023.
- The participation rate for this age group has remained relatively stable over the past decade.
- Older workers account for a growing share of the U.S. labor force as the population ages.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for individuals aged 74 and over in the United States on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into labor market dynamics and participation trends among older workers, which is crucial for understanding workforce and demographic shifts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and labor market analysts to assess labor force participation and workforce dynamics among the aging population, which informs policies related to retirement, workforce development, and economic growth.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a delay of approximately two months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC74MAPTQ647N), retrieved from FRED.