Annual, Not Seasonally Adjusted
LFIN64MAO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82,445,000.00
Year-over-Year Change
6.22%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for individuals aged 64 and over in the United States. This metric is closely watched by economists and policymakers as an indicator of labor market trends and aging population dynamics.
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 annual, not seasonally adjusted labor force participation rate tracks the percentage of the population aged 64 and older who are actively employed or seeking work. It provides insights into retirement patterns, worker shortages, and the evolving composition of the labor force.
Methodology
The data is collected through the U.S. Current Population Survey conducted by the Bureau of Labor Statistics.
Historical Context
Trends in the 64+ labor force participation rate inform economic and social policies related to retirement, healthcare, and workforce development.
Key Facts
- The 64+ labor force participation rate was 19.1% in 2021.
- Participation rates have increased over the past two decades as Americans work longer.
- Older workers comprise a growing share of the U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, 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: Trends in the 64+ labor force participation rate provide insights into retirement patterns, worker shortages, and the evolving composition of the labor force, which are important for economic and social policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in the 64+ labor force participation rate inform policies related to retirement, healthcare, and workforce development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFIN64MAO1A647S), retrieved from FRED.