Employed Population: Aged 55-64: Males for the European Union
Persons, Quarterly, Not Seasonally Adjusted
LFEM55MAEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,355,900.00
Year-over-Year Change
12.39%
Date Range
4/1/2000 - 10/1/2019
Summary
This economic trend measures the quarterly, not seasonally adjusted number of persons in the labor force aged 55 and over in the European Union. It provides insights into labor force participation and demographic shifts.
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 Persons, Quarterly, Not Seasonally Adjusted trend represents the total count of individuals aged 55 and above who are actively participating in the labor force within the European Union. This data is valuable for analyzing workforce dynamics, retirement patterns, and the economic implications of an aging population.
Methodology
The data is collected through labor force surveys conducted by Eurostat, the statistical office of the European Union.
Historical Context
This trend is closely monitored by policymakers, economists, and labor market analysts to inform decisions related to employment, social security, and economic planning.
Key Facts
- The labor force participation rate for those aged 55 and over in the EU was 59.5% in 2021.
- The number of persons aged 55 and above in the EU labor force has increased by over 15% since 2010.
- Demographic shifts and an aging population are key factors driving changes in this economic trend.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted number of persons aged 55 and over who are actively participating in the labor force within the European Union.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into labor force participation, demographic shifts, and the economic implications of an aging population, which are important for policymakers, economists, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and labor market analysts to inform decisions related to employment, social security, and economic planning.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, and may be subject to revisions or limitations in coverage or methodology.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Not Seasonally Adjusted (LFEM55MAEUQ647N), retrieved from FRED.