Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Sweden
LREM64TTSEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.55
Year-over-Year Change
0.14%
Date Range
1/1/2001 - 1/1/2025
Summary
This economic trend measures the employment rate for individuals aged 15 to 64 in Sweden. It provides valuable insights into the overall health and activity 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 employment rate is a key indicator of economic performance and labor market conditions. It represents the percentage of the working-age population that is employed, offering a snapshot of a country's productive capacity and utilization of human resources.
Methodology
The data is collected and calculated by Sweden's national statistical agency.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess the strength of the Swedish economy.
Key Facts
- The employment rate in Sweden was 77.1% in 2021.
- Sweden has one of the highest employment rates in the European Union.
- The employment rate is a key measure of economic health and social well-being.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for individuals aged 15 to 64 in Sweden, providing insights into the overall health and activity of the Swedish labor market.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a crucial indicator of economic performance and labor market conditions, closely monitored by policymakers, economists, and investors to assess the strength of the Swedish economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Sweden's national statistical agency.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and investors to analyze the health and productivity of the Swedish labor market, which informs economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the Swedish statistical agency, with minimal update delays. However, as with any economic indicator, there may be some limitations in its interpretation due to factors such as seasonal adjustments or changes in labor force participation.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Sweden (LREM64TTSEQ156S), retrieved from FRED.