Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Norway
LREM55MANOQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.42
Year-over-Year Change
-6.22%
Date Range
1/1/2000 - 1/1/2025
Summary
The Employment Rate Male: From 55 to 64 Years for Norway is an important indicator of labor force participation and economic activity among older male workers in Norway.
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
This trend represents the percentage of Norwegian men aged 55 to 64 who are employed. It is a key metric for understanding labor market dynamics and workforce composition in the country.
Methodology
The data is collected through household surveys conducted by Statistics Norway.
Historical Context
This trend is closely monitored by policymakers and economists to assess labor force trends and inform workforce development initiatives.
Key Facts
- Norway has one of the highest employment rates for older workers in the OECD.
- The employment rate for Norwegian men aged 55-64 is over 75%.
- Encouraging older worker participation is a policy priority in Norway.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Norwegian men aged 55 to 64 who are employed, providing insight into labor force participation and economic activity among older workers.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding workforce dynamics and assessing the effectiveness of policies aimed at supporting older workers and extending labor force participation.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Norway.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and economists to inform workforce development initiatives and policies aimed at promoting labor force participation among older workers.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with potential delays in reporting. Users should consult the source for the most up-to-date information and any known limitations.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Norway (LREM55MANOQ156S), retrieved from FRED.