Infra-Annual Labor Statistics: Working-Age Population Male: From 55 to 64 Years for OECD
Seasonally Adjusted
OECDLFWA55MASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84,895,940.00
Year-over-Year Change
1.83%
Date Range
1/1/2007 - 1/1/2025
Summary
The 'Seasonally Adjusted' economic trend measures fluctuations in labor force participation adjusted for seasonal variations, providing insight into the underlying state of the labor market.
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 tracks the seasonally adjusted labor force participation rate, which is the proportion of the working-age population that is either employed or actively seeking work. Adjusting for seasonal factors like holidays and weather allows for more accurate analysis of labor market dynamics.
Methodology
The data is collected and adjusted for seasonality by the OECD using established statistical methods.
Historical Context
Policymakers and economists monitor this trend to assess the health and resilience of the labor force.
Key Facts
- The seasonally adjusted labor force participation rate is a key measure of economic activity.
- Adjusting for seasonal factors provides a clearer picture of underlying labor market trends.
- Policymakers use this data to inform decisions on employment, wages, and economic stimulus.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' trend measures the labor force participation rate, which is the proportion of the working-age population that is employed or actively seeking work, with adjustments made to account for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into the underlying health and dynamics of the labor market, which is crucial for policymakers, economists, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is collected and seasonally adjusted by the OECD using established statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the strength of the labor force and inform decisions on employment, wages, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is published regularly by the OECD, with occasional delays due to the time required for data collection and seasonal adjustment.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (OECDLFWA55MASTSAQ), retrieved from FRED.