Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Canada
LREM55TTCAM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.93
Year-over-Year Change
-1.06%
Date Range
1/1/1976 - 6/1/2025
Summary
The Employment Rate Total: From 55 to 64 Years for Canada is an economic indicator that measures the percentage of Canadians aged 55 to 64 who are employed. This metric provides insight into labor market 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
This employment rate trend represents the share of the Canadian population aged 55 to 64 that is currently employed. It is a key statistic used by economists and policymakers to assess labor force trends, labor supply, and the economic status of older workers.
Methodology
The data is collected through national labor force surveys conducted by Statistics Canada.
Historical Context
This employment rate is relevant for analyzing workforce dynamics, retirement patterns, and the economic well-being of near-retirement Canadians.
Key Facts
- The employment rate for Canadians aged 55-64 was 65.5% in 2022.
- This rate has increased from 55.5% in 2000, reflecting longer participation in the labor force.
- Canada's employment rate for older workers is higher than the OECD average.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Canada measures the percentage of Canadians aged 55 to 64 who are currently employed.
Q: Why is this trend relevant for users or analysts?
A: This employment rate trend provides insight into labor force participation, retirement patterns, and the economic status of older workers in Canada.
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 employment rate is relevant for analyzing workforce dynamics, labor supply, and the economic well-being of near-retirement Canadians, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing timely insight into Canadian labor market trends.
Related Trends
Total Credit to Households and NPISHs, Adjusted for Breaks, for Canada
QCAHAM770A
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Canada
QCANAM770A
Nominal Private Sector, Changes in Inventories for Canada
NINVPSAXDCCAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Canada
CANCP050000CTGYM
Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Canada
CANCP020000GPM
Internet users for Canada
ITNETUSERP2CAN
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Canada (LREM55TTCAM156S), retrieved from FRED.