Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 74 Years for Switzerland
LFIN74TTCHQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,647,263.00
Year-over-Year Change
1.34%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the total number of persons aged 15 to 74 years who are outside the labor force in Switzerland. It is a key statistic for understanding labor market dynamics and workforce participation.
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: Persons Outside the Labor Force Total: From 15 to 74 Years for Switzerland represents the count of individuals who are not actively employed or seeking employment within the specified age range. This data provides insights into the size and composition of the non-working population.
Methodology
The data is collected through labor force surveys administered by the Swiss Federal Statistical Office.
Historical Context
This trend is used by policymakers, labor economists, and financial analysts to assess the overall health and flexibility of the Swiss labor market.
Key Facts
- The data is reported on a quarterly basis.
- Switzerland has one of the highest labor force participation rates in Europe.
- The trend has shown gradual declines in persons outside the labor force since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons aged 15 to 74 years who are outside the labor force in Switzerland, providing insights into the size and composition of the non-working population.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding labor market dynamics and workforce participation in Switzerland, which is crucial information for policymakers, labor economists, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys administered by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, labor economists, and financial analysts to assess the overall health and flexibility of the Swiss labor market.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 74 Years for Switzerland (LFIN74TTCHQ647S), retrieved from FRED.