Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Switzerland
LFAC74TTCHQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,058,600.00
Year-over-Year Change
2.91%
Date Range
4/1/1998 - 1/1/2025
Summary
This trend measures the total labor force in Switzerland for individuals aged 15 to 74 years. It provides key insights into the size and dynamics of the Swiss workforce, which is essential for economic policymaking and labor market analysis.
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: Labor Force Total: From 15 to 74 Years for Switzerland tracks the total number of economically active individuals in the specified age range. This data is used by economists, policymakers, and labor market analysts to understand employment trends, labor supply, and workforce participation in Switzerland.
Methodology
The data is collected through national labor force surveys conducted by the Swiss Federal Statistical Office.
Historical Context
This trend is widely used to inform economic policies, workforce planning, and labor market strategies in Switzerland.
Key Facts
- Switzerland has a highly skilled and productive workforce.
- The labor force participation rate in Switzerland is among the highest in Europe.
- The data is updated on a quarterly basis by the Swiss Federal Statistical Office.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor force in Switzerland for individuals aged 15 to 74 years, providing insights into the size and dynamics of the Swiss workforce.
Q: Why is this trend relevant for users or analysts?
A: This data is essential for understanding employment trends, labor supply, and workforce participation in Switzerland, which is crucial for economic policymaking and labor market analysis.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is widely used to inform economic policies, workforce planning, and labor market strategies in Switzerland.
Q: Are there update delays or limitations?
A: The data is updated on a quarterly basis by the Swiss Federal Statistical Office.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Switzerland (LFAC74TTCHQ647N), retrieved from FRED.