Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Sweden
LFEMTTTTSEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,238,800.00
Year-over-Year Change
2.12%
Date Range
4/1/1998 - 1/1/2025
Summary
This trend measures total employment levels for individuals aged 15 and over in Sweden. It provides important insights into the overall health and dynamics of the Swedish labor market.
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: 15 Years or over for Sweden series tracks the total number of employed persons in Sweden, capturing a comprehensive view of the country's workforce. This metric is widely used by economists and policymakers to analyze labor market trends and inform economic decision-making.
Methodology
The data is collected through national labor force surveys conducted by Statistics Sweden.
Historical Context
This employment metric is a key indicator referenced by the Swedish government, central bank, and international organizations in evaluating the broader economic environment.
Key Facts
- Sweden's employment level reached a record high in 2022.
- The services sector accounts for the largest share of employment in Sweden.
- Sweden has one of the highest labor force participation rates in Europe.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons aged 15 and over in Sweden, providing a comprehensive view of the country's workforce.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator used by economists, policymakers, and analysts to assess the overall health and dynamics of the Swedish labor market.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Statistics Sweden.
Q: How is this trend used in economic policy?
A: This employment trend is referenced by the Swedish government, central bank, and international organizations in evaluating the broader economic environment and informing policy decisions.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for minor delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Sweden (LFEMTTTTSEQ647N), retrieved from FRED.