Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for OECD
OECDLRUN55FESTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.47
Year-over-Year Change
-11.77%
Date Range
7/1/2010 - 1/1/2025
Summary
This economic indicator tracks the unemployment rate for women aged 55 to 64 in OECD countries. It provides insights into labor market participation and economic conditions for older female 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
The Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for OECD tracks joblessness among women in the 55-64 age group across OECD member nations. This metric offers valuable data on the economic status and workforce integration of older female workers, which is crucial for evaluating labor market trends and designing effective policies.
Methodology
The data is collected through labor force surveys conducted by national statistical agencies.
Historical Context
This indicator informs economic and employment policy discussions, as well as analyses of gender dynamics in aging labor markets.
Key Facts
- The OECD average female unemployment rate for ages 55-64 was 5.3% in 2021.
- Female unemployment in this age group is generally lower than for younger women.
- Rates vary widely across OECD countries, from under 3% to over 10%.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the unemployment rate for women aged 55 to 64 across OECD member countries. It provides insights into labor market participation and economic conditions for older female workers.
Q: Why is this trend relevant for users or analysts?
A: This metric offers valuable data on the economic status and workforce integration of older female workers, which is crucial for evaluating labor market trends and designing effective policies.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: This indicator informs economic and employment policy discussions, as well as analyses of gender dynamics in aging labor markets.
Q: Are there update delays or limitations?
A: The data may have some lags due to the time required for national agencies to conduct and report survey results.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for OECD (OECDLRUN55FESTQ), retrieved from FRED.