Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Switzerland
LFAC25TTCHA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,333,675.00
Year-over-Year Change
7.11%
Date Range
1/1/2005 - 1/1/2024
Summary
The 'Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Switzerland' tracks the size of the Swiss labor force aged 25 to 54. This metric provides insights into the core working-age population 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 series measures the total labor force in Switzerland for individuals aged 25 to 54. It offers a detailed view of the prime working-age demographic, which is a key indicator of economic health and workforce participation.
Methodology
The data is collected through household surveys and compiled by the Swiss Federal Statistical Office.
Historical Context
Policy makers and analysts use this metric to monitor employment trends and understand labor market dynamics.
Key Facts
- The labor force aged 25-54 accounts for over 60% of the total Swiss workforce.
- Switzerland has one of the highest labor force participation rates in the OECD.
- Labor force trends in this age group closely track broader economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor force in Switzerland for individuals aged 25 to 54, providing insights into the core working-age population.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic health and workforce participation, offering valuable insights for policymakers and analysts monitoring employment trends.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and compiled by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor employment trends and understand labor market dynamics in Switzerland.
Q: Are there update delays or limitations?
A: The data is updated on an infra-annual basis, with some potential for delays in data collection and reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Switzerland (LFAC25TTCHA647S), retrieved from FRED.