Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for France
LRUN55TTFRQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.91
Year-over-Year Change
-19.47%
Date Range
1/1/2003 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for France measures the percentage of the French labor force aged 55 to 64 who are unemployed. This metric is a key indicator of labor market dynamics and workforce participation for older workers.
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 economic indicator tracks the unemployment rate for the 55-64 age group in France, providing insight into the employment challenges faced by older workers. It is used by economists, policymakers, and labor market analysts to understand workforce participation trends and assess the effectiveness of policies aimed at promoting active aging.
Methodology
The data is collected through household surveys conducted by the French statistical agency.
Historical Context
This unemployment rate trend is relevant for assessing labor market conditions and the efficacy of policies targeting mature workers.
Key Facts
- France's 55-64 unemployment rate was 7.0% as of the latest data.
- The 55-64 age group accounts for over 20% of France's total labor force.
- Unemployment rates tend to be higher for older workers compared to prime-age cohorts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate for the 55-64 age group in France, providing insight into labor market participation and challenges faced by older workers.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding workforce dynamics, evaluating policies aimed at promoting active aging, and assessing labor market conditions for mature workers.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the French statistical agency.
Q: How is this trend used in economic policy?
A: This unemployment rate for older workers is used by policymakers and labor market analysts to assess the effectiveness of policies targeting mature workforce participation.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in data availability.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for France (LRUN55TTFRQ156S), retrieved from FRED.