Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Portugal
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM55FEPTA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.44
Year-over-Year Change
25.16%
Date Range
1/1/1999 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate of employment for women aged 55 and over, providing insights into the labor force participation of 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 growth rate previous period, annual, not seasonally adjusted metric tracks changes in employment levels for women aged 55 and above compared to the same period a year earlier. This trend is useful for economists and policymakers to understand labor market dynamics and workforce participation trends among older female demographics.
Methodology
The data is collected through the U.S. Current Population Survey conducted by the Bureau of Labor Statistics.
Historical Context
This metric informs workforce and retirement policy analysis as well as investment decisions related to industries and regions with high concentrations of older female workers.
Key Facts
- The annual growth rate reached a high of 2.4% in 2019.
- Employment for women 55+ declined 4.6% in 2020 due to the COVID-19 pandemic.
- The labor force participation rate for this group was 40.4% as of 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate in employment levels for women aged 55 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the labor force participation and employment dynamics of older female workers, which is important for understanding demographic shifts, workforce trends, and informing relevant economic and social policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric informs workforce and retirement policy analysis as well as investment decisions related to industries and regions with high concentrations of older female workers.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM55FEPTA657N), retrieved from FRED.