Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Australia
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM55FEAUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.61
Year-over-Year Change
-140.95%
Date Range
7/1/1978 - 7/1/2023
Summary
This economic indicator tracks the quarterly, seasonally adjusted growth rate of the labor force participation rate for women ages 55 and over. It provides insights into labor market trends and workforce dynamics among older female 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 work. This specific indicator focuses on the growth rate of the participation rate for women aged 55 and above, offering valuable insights into labor force trends and the economic engagement of older female workers.
Methodology
This data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
The growth rate of older women's labor force participation is relevant for policymakers and analysts examining workforce trends, retirement patterns, and the economic activity of this demographic group.
Key Facts
- The labor force participation rate for women aged 55 and over was 39.4% in 2022.
- The growth rate of this indicator has shown signs of slowing in recent quarters.
- Older women's labor force participation is influenced by factors like health, retirement policies, and caregiving responsibilities.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly, seasonally adjusted growth rate of the labor force participation rate for women aged 55 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of older women's labor force participation provides insights into workforce dynamics, retirement patterns, and the economic engagement of this demographic group, which is relevant for policymakers and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers and analysts to understand trends in the labor force, workforce participation, and the economic activity of older female workers, which can inform policy decisions related to retirement, employment, and social programs.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the U.S. Bureau of Labor Statistics, and there may be minor delays in the release of the most recent figures.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM55FEAUQ657S), retrieved from FRED.