Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Sweden
LFEM25TTSEA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.96
Year-over-Year Change
1604.09%
Date Range
1/1/2002 - 1/1/2022
Summary
This economic trend measures total employment for individuals aged 25 to 54 in Sweden. It provides insights into the core working-age population and labor market dynamics.
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: Employment Total: From 25 to 54 Years for Sweden metric tracks the number of employed persons between the ages of 25 and 54 in the Swedish labor force. This is a key indicator of the strength and utilization of the country's prime-age workforce.
Methodology
The data is collected through national labor force surveys conducted by statistical agencies.
Historical Context
Policymakers and analysts use this trend to monitor labor market conditions and workforce participation.
Key Facts
- The employment rate for 25-54 year-olds in Sweden was 88.7% in 2021.
- Sweden has one of the highest labor force participation rates in Europe.
- Prime-age employment is a key indicator of economic health and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons aged 25 to 54 in Sweden. It provides insights into the size and strength of the core working-age population.
Q: Why is this trend relevant for users or analysts?
A: The 25-54 age group represents the prime working years, so this trend is a crucial indicator of labor market conditions and the overall health of the Swedish economy.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by statistical agencies in Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor workforce participation, guide labor market policies, and assess the broader economic performance of Sweden.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, typically with a short lag, but may be subject to revisions or methodological changes over time.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Sweden (LFEM25TTSEA657N), retrieved from FRED.