Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for OECD
Seasonally Adjusted
OECDLRAC55FESTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.23
Year-over-Year Change
4.88%
Date Range
7/1/2010 - 1/1/2025
Summary
The 'Seasonally Adjusted' trend measures a country's labour force participation rate, adjusting for seasonal variations in employment and unemployment patterns.
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
The labour force participation rate represents the proportion of the working-age population that is actively employed or seeking work. Seasonal adjustment is a statistical technique used to remove the effects of predictable seasonal variations from the data, allowing for more accurate analysis of underlying economic trends.
Methodology
The data is collected through national labour force surveys and seasonally adjusted using standard statistical methods.
Historical Context
Policymakers and economists rely on the seasonally adjusted participation rate to understand the health of the labour market and inform employment and fiscal policies.
Key Facts
- The participation rate measures the active civilian labour force as a percentage of the working-age population.
- Seasonal adjustment removes the effects of predictable patterns, such as school breaks and holiday seasons.
- Analyzing the seasonally adjusted participation rate helps identify underlying trends in labour market participation.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' trend measures a country's labour force participation rate, adjusting for seasonal variations in employment and unemployment patterns.
Q: Why is this trend relevant for users or analysts?
A: The seasonally adjusted participation rate is a key indicator of labour market health, enabling policymakers and economists to better understand underlying trends in employment and workforce engagement.
Q: How is this data collected or calculated?
A: The data is collected through national labour force surveys and seasonally adjusted using standard statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and economists rely on the seasonally adjusted participation rate to inform employment and fiscal policies, as it provides a more accurate representation of the labour market than raw, unadjusted data.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have some time lags in reporting, but overall provides a reliable, seasonally adjusted view of labour force participation.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (OECDLRAC55FESTSAQ), retrieved from FRED.