Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Switzerland
LRHU24MACHQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.85
Year-over-Year Change
30.62%
Date Range
4/1/1998 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Switzerland measures the unemployment rate among Swiss men aged 15 to 24. This metric provides insights into the labor market conditions and employment opportunities for young workers.
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 series tracks the monthly unemployment rate specifically for Swiss men between the ages of 15 and 24. It offers a granular view of the youth labor market, which is an important economic indicator used by policymakers and analysts to understand employment trends and guide workforce development initiatives.
Methodology
The data is collected through household surveys conducted by the Swiss Federal Statistical Office.
Historical Context
This unemployment rate metric is widely referenced by economists, government agencies, and market participants to assess the overall health of the Swiss economy.
Key Facts
- The unemployment rate for Swiss men aged 15-24 has averaged around 7% over the past decade.
- Youth unemployment is typically higher than the overall unemployment rate in Switzerland.
- Addressing youth unemployment is a key policy priority for the Swiss government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate specifically for Swiss men between the ages of 15 and 24 years old.
Q: Why is this trend relevant for users or analysts?
A: The youth unemployment rate is an important indicator of labor market conditions and economic opportunity for younger workers, which is of interest to policymakers, economists, and labor market analysts.
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: This unemployment rate metric is widely referenced by economists, government agencies, and market participants to assess the overall health of the Swiss economy and guide workforce development initiatives.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with minimal delays, providing timely insights into the Swiss youth labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Switzerland (LRHU24MACHQ156S), retrieved from FRED.