Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Luxembourg
Annual, Seasonally Adjusted
LFIN64MALUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53,225.00
Year-over-Year Change
22.99%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted labor force participation rate for women aged 64 and over in the United States. It is a key indicator of labor market trends and the economic activity of 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 labor force participation rate measures the proportion of the working-age population that is employed or actively seeking work. Tracking this metric for older women provides insights into retirement patterns, the aging workforce, and the economic role of senior citizens.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess labor market dynamics and the economic status of the elderly population.
Key Facts
- The labor force participation rate for women aged 64 and over was 24.0% in 2022.
- Participation rates for older women have increased over the past two decades.
- The aging of the U.S. population is expected to impact labor market dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted labor force participation rate for women aged 64 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: Tracking labor force participation for older women provides insights into retirement patterns, the aging workforce, and the economic role of senior citizens.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess labor market dynamics and the economic status of the elderly population.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical one-month lag.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFIN64MALUA647S), retrieved from FRED.