Quarterly, Not Seasonally Adjusted
LFIN64FEG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75,974,000.00
Year-over-Year Change
-3.84%
Date Range
4/1/2003 - 4/1/2017
Summary
This economic trend measures the quarterly, not seasonally adjusted labor force participation rate for individuals aged 64 and over in the United States. It provides insights into labor market dynamics and workforce participation among older adults.
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, not seasonally adjusted labor force participation rate for individuals aged 64 and over tracks the percentage of the population in this age group who are employed or actively seeking employment. This metric is used by economists and policymakers to analyze workforce trends and labor market participation among older Americans.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This trend is relevant for understanding labor market conditions and informing policies related to retirement, workforce, and economic security for older adults.
Key Facts
- The quarterly, not seasonally adjusted labor force participation rate for individuals aged 64 and over reached a high of 19.2% in Q4 2022.
- This rate has increased from a low of 12.8% in Q2 2020 during the COVID-19 pandemic.
- Participation rates are higher among older men than older women in the U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted labor force participation rate for individuals aged 64 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into labor market dynamics and workforce participation among older adults, which is useful for economists and policymakers analyzing employment and retirement trends.
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 relevant for understanding labor market conditions and informing policies related to retirement, workforce, and economic security for older adults.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and may not fully capture seasonal or temporary factors affecting labor force participation among older adults.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFIN64FEG7Q647N), retrieved from FRED.