Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Switzerland
LREMTTTTCHQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.29
Year-over-Year Change
0.10%
Date Range
4/1/1998 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Switzerland measures the percentage of the Swiss population aged 15 and above who are employed. This key labor market indicator provides insights into economic conditions and the utilization of the country'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
This employment rate trend represents the share of the Swiss population aged 15 and older who are currently employed, either in full-time or part-time work. It is a valuable metric for understanding the overall strength and utilization of the Swiss labor force and is closely monitored by economists, policymakers, and market analysts.
Methodology
The data is collected through household surveys conducted by the Swiss Federal Statistical Office.
Historical Context
The employment rate is a widely used indicator for evaluating the health of the Swiss economy and labor market, with implications for fiscal, monetary, and social policies.
Key Facts
- The employment rate in Switzerland is consistently among the highest in Europe.
- The COVID-19 pandemic caused a temporary decline in the Swiss employment rate in 2020.
- Switzerland has a highly skilled and productive workforce, contributing to its economic prosperity.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Switzerland measures the percentage of the Swiss population aged 15 and above who are employed.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a key indicator of the strength and utilization of the Swiss labor force, providing insights into the overall health of the Swiss economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The employment rate is closely monitored by economists, policymakers, and market analysts to inform fiscal, monetary, and social policies in Switzerland.
Q: Are there update delays or limitations?
A: The employment rate data is updated regularly by the Swiss Federal Statistical Office, with minimal delays.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Switzerland (LREMTTTTCHQ156S), retrieved from FRED.