Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 64 Years for Israel
Annual, Seasonally Adjusted
LFWA64FEILA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,975,208.00
Year-over-Year Change
21.71%
Date Range
1/1/1995 - 1/1/2024
Summary
This series 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 workforce trends and economic activity 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 labor force participation rate measures the proportion of the working-age population that is employed or actively seeking work. This particular series focuses on women aged 64 and older, providing insights into the economic activity and labor market engagement of the older female population.
Methodology
The data is collected through the U.S. Current Population Survey and adjusted for seasonal variations.
Historical Context
Trends in the older female labor force participation rate are closely watched by policymakers and economists for their implications on retirement, Social Security, and workforce dynamics.
Key Facts
- The labor force participation rate for women aged 64 and over was 19.7% in 2022.
- The participation rate for this group has increased significantly over the past two decades.
- Older women's labor force engagement can impact Social Security and retirement program costs.
FAQs
Q: What does this economic trend measure?
A: This series 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: Trends in the older female labor force participation rate provide insights into workforce dynamics and have important implications for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend for its implications on retirement, Social Security, and overall workforce dynamics.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Federal Reserve and is subject to the timeliness and accuracy of the underlying Current Population Survey.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA64FEILA647S), retrieved from FRED.