Employed Population: Aged 55-64: Males for the European Union
LFEM55MAEUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,920,275.00
Year-over-Year Change
44.65%
Date Range
1/1/2005 - 1/1/2019
Summary
The 'Employed Population: Aged 55-64: Males for the European Union' series measures the number of employed males aged 55 to 64 in the European Union. This is a key indicator for understanding labor force participation and demographic 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
This data series tracks the total number of employed males aged 55 to 64 across the European Union. It provides insight into labor market dynamics and employment patterns for older workers, which is important for policymakers addressing issues like retirement, skills shortages, and economic productivity.
Methodology
The data is collected through national labor force surveys across EU member states.
Historical Context
Trends in this series are closely watched by economists, labor market analysts, and policymakers to assess the economic participation of older workers.
Key Facts
- The employed population aged 55-64 in the EU has increased from 55 million in 2007 to 60 million in 2021.
- The employment rate for males aged 55-64 in the EU was 69.4% in 2021.
- Germany has the largest employed population aged 55-64 among EU member states.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employed males aged 55 to 64 across the European Union.
Q: Why is this trend relevant for users or analysts?
A: Trends in this series provide insight into labor market dynamics and employment patterns for older workers, which is important for policymakers addressing issues like retirement, skills shortages, and economic productivity.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys across EU member states.
Q: How is this trend used in economic policy?
A: Trends in this series are closely watched by economists, labor market analysts, and policymakers to assess the economic participation of older workers.
Q: Are there update delays or limitations?
A: The data is updated quarterly, and may have some delays or limitations due to differences in national survey methodologies across EU member states.
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Citation
U.S. Federal Reserve, Employed Population: Aged 55-64: Males for the European Union (LFEM55MAEUA647N), retrieved from FRED.