Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for OECD
Seasonally Adjusted
OECDLFUN55MASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,275,941.00
Year-over-Year Change
-9.16%
Date Range
7/1/2010 - 1/1/2025
Summary
The 'Seasonally Adjusted' economic trend measures the total labor force participation rate in the United States, providing insights into workforce dynamics and economic activity.
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 indicator represents the share of the civilian population aged 15-64 that is economically active, either employed or actively seeking work. It is a key metric for analyzing labor market health and productivity.
Methodology
The data is collected and adjusted by the OECD to account for seasonal variations.
Historical Context
Policymakers and analysts use this trend to assess labor force participation and inform economic and employment policies.
Key Facts
- The labor force participation rate in the U.S. was 62.4% as of the latest data.
- Participation rates have declined over the past two decades due to population aging and other structural factors.
- This indicator is closely watched by the Federal Reserve and other policymakers.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' trend measures the share of the working-age population that is economically active, either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength of the labor market and overall economic activity, making it a key indicator for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and seasonally adjusted by the OECD to account for regular fluctuations.
Q: How is this trend used in economic policy?
A: Policymakers and institutions like the Federal Reserve monitor this trend to assess labor market conditions and inform employment, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (OECDLFUN55MASTSAQ), retrieved from FRED.