Infra-Annual Labor Statistics: Unemployment Female: From 55 to 64 Years for Switzerland
Annual, Seasonally Adjusted
LFUN55FECHA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,650.00
Year-over-Year Change
35.82%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted labor force participation rate for the United States. It is a key indicator of the size and composition of the U.S. workforce.
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 labor force participation rate tracks the proportion of the civilian population aged 16 and older that is working or actively seeking employment. This metric is widely used by economists and policymakers to assess the strength and health of the U.S. labor market.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
The labor force participation rate is closely monitored by the Federal Reserve and other economic institutions to guide monetary and fiscal policy decisions.
Key Facts
- The U.S. labor force participation rate reached a high of 67.3% in 2000.
- Participation rates have declined since the 2008 financial crisis, driven by demographic and economic factors.
- Women's labor force participation has increased significantly over the past 50 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian population aged 16 and older that is employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the strength and health of the U.S. labor market, providing insights into workforce dynamics and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by the Federal Reserve and other economic institutions to guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release delay of a few weeks. The survey methodology may not fully capture all changes in labor force dynamics.
Related Trends
Consumer Price Index: Housing, water, electricity, gas and other fuels (COICOP 04): Water supply and miscellaneous services relating to the dwelling: Total for Switzerland
CHECP040400IXOBM
Percentage of Foreign Banks Among Total Banks for Switzerland
DDOI13CHA156NWDB
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Switzerland
LRAC25FECHA156N
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Switzerland
LRHUADTTCHQ156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Switzerland
CHECP100000GYM
Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Switzerland
CP0122CHM086NEST
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFUN55FECHA647S), retrieved from FRED.