Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Denmark
Seasonally Adjusted
LFEM64FEDKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,395,550.00
Year-over-Year Change
13.78%
Date Range
1/1/1999 - 1/1/2024
Summary
The Seasonally Adjusted employment-to-population ratio measures the proportion of the civilian non-institutional population aged 64 and over who are employed. This metric is crucial for economists and policymakers to understand labor force participation and retirement trends.
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 Seasonally Adjusted employment-to-population ratio for those aged 64 and over provides insights into workforce participation and retirement patterns. It is a key indicator of older adult labor market dynamics and can inform policies related to retirement age, Social Security, and workforce development.
Methodology
The data is collected through the U.S. Current Population Survey and seasonally adjusted using standard statistical techniques.
Historical Context
This metric is widely used by economists, policymakers, and workforce analysts to evaluate labor force trends and assess the economic impacts of an aging population.
Key Facts
- The employment-to-population ratio for those aged 64 and over was 19.3% in January 2023.
- The ratio has increased from around 12% in the early 2000s as more older adults remain in the workforce.
- Demographic shifts and policy changes have contributed to rising employment rates among the 64+ population.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment-to-population ratio measures the proportion of the civilian non-institutional population aged 64 and over who are employed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into labor force participation and retirement patterns among older adults, which is crucial for policymakers and economists to understand workforce dynamics and the economic impacts of an aging population.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey and seasonally adjusted using standard statistical techniques.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and workforce analysts to evaluate labor force trends and assess the economic impacts of an aging population, informing policies related to retirement age, Social Security, and workforce development.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted employment-to-population ratio data is published monthly with a relatively short delay, providing timely insights into labor market dynamics.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (LFEM64FEDKA647S), retrieved from FRED.