Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Portugal
Quarterly, Seasonally Adjusted
LFIN55MAPTQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165,411.40
Year-over-Year Change
-4.83%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures quarterly, seasonally adjusted labor force participation rates for persons aged 55 and over in the United States. It provides key insights into labor market trends and dynamics for 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
The Quarterly, Seasonally Adjusted labor force participation rate for persons aged 55 and over is an important indicator of economic activity and workforce trends. It tracks the proportion of older adults who are employed or actively seeking work, which informs analysis of labor supply, retirement patterns, and demographic shifts.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This trend is widely referenced by economists, policymakers, and workforce analysts to assess the labor market participation of older adults and its implications for the broader economy.
Key Facts
- The quarterly labor force participation rate for persons aged 55 and over was 40.3% in Q1 2023.
- Participation rates for older workers have increased over the past two decades.
- Demographic shifts and policy changes have influenced older adult labor market trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted labor force participation rate for persons aged 55 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into labor market dynamics and workforce participation patterns for older adults, which are critical for economic analysis and policy considerations.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: This trend is widely referenced by economists, policymakers, and workforce analysts to assess the labor market participation of older adults and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short update delay, and provides a comprehensive view of labor force participation for persons aged 55 and over.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN55MAPTQ647S), retrieved from FRED.