Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for Canada
Quarterly, Seasonally Adjusted
LFWA55TTCAQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,055,567.00
Year-over-Year Change
-2.26%
Date Range
1/1/1976 - 4/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted employment rate in the U.S., which is a key indicator of labor market health and economic activity.
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 employment rate tracks the percentage of the civilian non-institutional population who are employed on a quarterly basis, with seasonal fluctuations removed. It is a widely-monitored statistic used by economists, policymakers, and analysts to assess the strength of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The employment rate is a critical input for monetary and fiscal policy decisions made by the Federal Reserve and government.
Key Facts
- The U.S. employment rate averaged 59.4% in 2022.
- Employment levels are a key factor in Federal Reserve interest rate decisions.
- The employment rate fell sharply during the COVID-19 pandemic but has been recovering.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted employment rate measures the percentage of the civilian non-institutional population in the U.S. who are employed on a quarterly basis, with seasonal fluctuations removed.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a critical indicator of labor market health and overall economic activity, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The employment rate is a key input for monetary and fiscal policy decisions made by the Federal Reserve and government to manage the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted employment rate data is released by the Federal Reserve on a timely basis, with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA55TTCAQ647S), retrieved from FRED.