Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Finland
LFEM55MAFIA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.99
Year-over-Year Change
-39.08%
Date Range
1/1/1999 - 1/1/2022
Summary
This economic trend measures employment levels for Finnish males aged 55 to 64 years. It provides important insights into labor force participation and workforce dynamics within this demographic.
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 'Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Finland' series tracks the number of employed Finnish men between the ages of 55 and 64. This data is valuable for analyzing labor market trends, workforce aging, and retirement patterns within the Finnish economy.
Methodology
The data is collected through household surveys conducted by Statistics Finland.
Historical Context
This employment trend is used by economists, policymakers, and labor market analysts to monitor and forecast economic conditions in Finland.
Key Facts
- Finland's employment rate for men aged 55-64 was 68.4% in 2021.
- Employment in this demographic has increased by 10 percentage points since 2010.
- The aging Finnish workforce is a key policy focus for managing labor supply.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels of Finnish males between the ages of 55 and 64 years old.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into labor force participation and workforce dynamics within the older male demographic in Finland, which is crucial for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Finland.
Q: How is this trend used in economic policy?
A: This employment trend is used by economists, policymakers, and labor market analysts to monitor and forecast economic conditions in Finland, particularly regarding workforce aging and retirement patterns.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in data reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Finland (LFEM55MAFIA657S), retrieved from FRED.