Employment Rate, 55–64

Tracks how much the near-retirement cohort remains economically active as populations age.

64.4%

Trend YoY growth is -0.3%, slowing by 5 bps/month over the last 4Y. Deviations have remained above trend for 10 consecutive periods. Latest: +0.1%, 45 bps above trend, a 0.6σ deviation. The latest YoY reading is boosted by 70 bps due to an easy comparison base from Sep 1.

Level

YoY Change

y = 2.3% 5 bps/mo · t

Deviation from trend

Forecast

Rolling 1Y trend forecast

Forecast made inOct '24Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25May '25Jun '25Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26
Oct '24-0.7%-0.8%-1.0%-1.1%-1.2%-1.3%-1.5%-1.6%-1.7%-1.8%-1.9%-2.1%-2.2%-2.3%-2.4%-2.6%-2.7%-2.8%-2.9%-3.1%-3.2%-3.3%-3.4%-3.6%
Nov '24-0.6%-0.7%-0.8%-0.9%-0.9%-1.0%-1.1%-1.2%-1.3%-1.4%-1.5%-1.6%-1.6%-1.7%-1.8%-1.9%-2.0%-2.1%-2.2%-2.2%-2.3%-2.4%-2.5%
Dec '24-0.4%-0.4%-0.5%-0.5%-0.6%-0.6%-0.7%-0.7%-0.8%-0.8%-0.9%-0.9%-1.0%-1.0%-1.1%-1.1%-1.2%-1.2%-1.3%-1.3%-1.4%-1.4%
Jan '25-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%
Feb '25+0.2%+0.2%+0.3%+0.3%+0.4%+0.4%+0.4%+0.5%+0.5%+0.5%+0.6%+0.6%+0.7%+0.7%+0.7%+0.8%+0.8%+0.8%+0.9%+0.9%
Mar '25+0.4%+0.5%+0.6%+0.7%+0.7%+0.8%+0.9%+1.0%+1.1%+1.2%+1.2%+1.3%+1.4%+1.5%+1.6%+1.7%+1.7%+1.8%+1.9%
Apr '25+0.8%+0.9%+1.1%+1.2%+1.3%+1.5%+1.6%+1.8%+1.9%+2.0%+2.2%+2.3%+2.4%+2.6%+2.7%+2.8%+3.0%+3.1%
May '25+1.0%+1.2%+1.4%+1.6%+1.7%+1.9%+2.1%+2.2%+2.4%+2.6%+2.7%+2.9%+3.1%+3.3%+3.4%+3.6%+3.8%
Jun '25+1.1%+1.3%+1.5%+1.6%+1.8%+2.0%+2.1%+2.3%+2.5%+2.6%+2.8%+3.0%+3.2%+3.3%+3.5%+3.7%
Jul '25+1.2%+1.4%+1.6%+1.7%+1.9%+2.0%+2.2%+2.3%+2.5%+2.6%+2.8%+3.0%+3.1%+3.3%+3.4%
Aug '25+1.1%+1.3%+1.4%+1.5%+1.6%+1.8%+1.9%+2.0%+2.1%+2.2%+2.4%+2.5%+2.6%+2.7%
Sep '25+0.9%+1.0%+1.0%+1.1%+1.2%+1.3%+1.3%+1.4%+1.5%+1.5%+1.6%+1.7%+1.7%