Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Switzerland
LFEMTTTTCHQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,891,944.00
Year-over-Year Change
3.27%
Date Range
4/1/1998 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Switzerland' trend measures the total employment level for individuals aged 15 and older in Switzerland. This metric is a key indicator of the country's labor market and economic health.
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 data series tracks the total number of employed persons in Switzerland, including both full-time and part-time workers across all sectors. It is a valuable gauge of the overall strength and direction of the Swiss economy and can inform policy decisions.
Methodology
The data is collected through household and business surveys conducted by the Swiss Federal Statistical Office.
Historical Context
Policy makers and analysts use this employment trend to assess the state of the Swiss labor market and broader economic conditions.
Key Facts
- Employment in Switzerland reached a record high in 2021.
- The service sector accounts for the majority of Swiss employment.
- Switzerland has one of the lowest unemployment rates in Europe.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons aged 15 and older in Switzerland, across all sectors of the economy.
Q: Why is this trend relevant for users or analysts?
A: This employment data is a key indicator of the strength and direction of the Swiss economy, and is closely monitored by policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment trend to assess the state of the Swiss labor market and broader economic conditions, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, with minimal delays, and provides a comprehensive view of employment in Switzerland.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Switzerland (LFEMTTTTCHQ647S), retrieved from FRED.