Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 64 Years for Sweden
LRAC64TTSEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.06
Year-over-Year Change
1.27%
Date Range
1/1/2001 - 1/1/2025
Summary
The Labor Force Participation Rate Total: From 15 to 64 Years for Sweden measures the share of the working-age population actively engaged in the labor market, providing insight into the overall economic activity and labor supply in the country.
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 indicator tracks the percentage of the Swedish population aged 15 to 64 who are either employed or actively seeking work. It is a key statistic used by economists and policymakers to assess the strength and dynamics of the Swedish labor force.
Methodology
The data is collected through household surveys conducted by Sweden's national statistical agency.
Historical Context
The labor force participation rate is a crucial input for economic analysis, labor market policies, and forecasting consumer demand and productivity.
Key Facts
- Sweden's labor force participation rate was 78.7% in 2022.
- The rate has remained relatively stable over the past decade.
- Higher labor force participation is associated with stronger economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the Swedish population aged 15 to 64 who are either 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 the strength and dynamics of the Swedish labor market, providing insights into economic activity and the available labor supply.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Sweden's national statistical agency.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for economic analysis, labor market policies, and forecasting consumer demand and productivity.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, with the latest figures typically available within a few months.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 64 Years for Sweden (LRAC64TTSEQ156S), retrieved from FRED.