Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Switzerland
Annual, Not Seasonally Adjusted
LFUNTTTTCHA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
221,275.00
Year-over-Year Change
8.30%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the total civilian labor force participation rate on an annual, not seasonally adjusted basis. It provides important insights into labor market dynamics and workforce engagement.
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 annual, not seasonally adjusted labor force participation rate tracks the share of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work. It is a key indicator of economic activity and the health of the labor market.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and analysts closely monitor labor force participation to assess labor market conditions and inform economic policy decisions.
Key Facts
- The annual, not seasonally adjusted labor force participation rate was 62.1% in 2022.
- Labor force participation has declined from a peak of 67.3% in 2000.
- Participation rates vary significantly by demographic factors like age and gender.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total civilian labor force participation rate on an annual, not seasonally adjusted basis. It tracks the share of the population aged 16 and over that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of economic activity and labor market health. It provides insights into workforce engagement and labor supply that are important for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor labor force participation to assess labor market conditions and inform decisions on economic and workforce policies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation data is published with a short lag, typically within a few months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUNTTTTCHA647N), retrieved from FRED.