Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Canada
LREM55MACAQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.65
Year-over-Year Change
0.17%
Date Range
1/1/1976 - 4/1/2025
Summary
This trend measures the employment rate for Canadian males aged 55 to 64 years. It provides insights into labor force participation and economic activity within this demographic.
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 employment rate for Canadian males aged 55 to 64 is an important economic indicator that reflects labor market conditions and workforce participation trends within this age cohort. It is used by policymakers and analysts to assess labor market dynamics and support evidence-based decisions.
Methodology
The data is collected through national labor force surveys conducted by Statistics Canada.
Historical Context
This trend is relevant for understanding labor market trends, evaluating the effectiveness of policies targeting older workers, and informing economic and social programs.
Key Facts
- The employment rate for Canadian males aged 55-64 was 68.8% in 2021.
- This rate has increased from 54.4% in 2000, reflecting trends in workforce participation.
- Canada's aging population and policies aimed at extending working lives contribute to this trend.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for Canadian males aged 55 to 64 years, providing insights into labor force participation and economic activity within this demographic.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding labor market dynamics, evaluating the effectiveness of policies targeting older workers, and informing economic and social programs.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Statistics Canada.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to assess labor market conditions and workforce participation trends, which can inform decisions related to economic and social policies.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological updates of the national labor force surveys conducted by Statistics Canada.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Canada (LREM55MACAQ156N), retrieved from FRED.