Labor Force Participation Rate - 55 Yrs. & over

LNS11324230 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

38.10

Year-over-Year Change

-0.52%

Date Range

1/1/1948 - 7/1/2025

Summary

Tracks labor market engagement of workers aged 55 and older. Provides critical insights into workforce demographics and retirement trends.

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

Measures the percentage of senior workers actively participating in the labor market. Reflects economic opportunities and workforce adaptability for older Americans.

Methodology

Calculated monthly by Bureau of Labor Statistics through household survey data.

Historical Context

Used by policymakers to assess workforce capacity and retirement economic conditions.

Key Facts

  • Reflects economic engagement of older workers
  • Indicates workforce flexibility and experience
  • Important for retirement and economic planning

FAQs

Q: Why is labor force participation important for seniors?

A: Indicates economic opportunities and financial necessity for older workers. Reflects overall economic health and workforce adaptability.

Q: How has senior labor force participation changed recently?

A: Trends show increasing participation due to longer lifespans and changing retirement expectations.

Q: What factors influence senior labor force participation?

A: Economic conditions, health, retirement benefits, and personal financial needs impact senior workforce engagement.

Q: How does this metric impact economic policy?

A: Helps policymakers understand workforce dynamics and design targeted employment and retirement strategies.

Q: How often is this data updated?

A: Monthly updates provide current snapshot of senior workforce participation.

Related Trends

Citation

U.S. Federal Reserve, Labor Force Participation Rate - 55 Yrs. & over (LNS11324230), retrieved from FRED.