Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for Switzerland
LRAC55FECHA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.93
Year-over-Year Change
16.29%
Date Range
1/1/2005 - 1/1/2024
Summary
The Labor Force Participation Rate Female: From 55 to 64 Years for Switzerland measures the percentage of Swiss women aged 55 to 64 who are actively employed or seeking work. This metric provides insights into labor market trends and economic activity among older female 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 infra-annual labor statistic represents the share of Swiss women aged 55 to 64 who are in the labor force, either working or actively looking for a job. It is a key indicator of economic participation and productivity among older female workers, which has implications for workforce dynamics, retirement patterns, and policymaking.
Methodology
The data is collected through national labor force surveys conducted by the Swiss government.
Historical Context
Policymakers and economists analyze this trend to assess labor market conditions, workforce participation, and the economic integration of older female workers.
Key Facts
- The labor force participation rate for Swiss women aged 55-64 was 67.7% in 2022.
- Switzerland has one of the highest female labor force participation rates among OECD countries.
- The participation rate for older Swiss women has increased significantly over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Swiss women aged 55 to 64 who are actively employed or seeking work, providing insights into labor market participation among older female workers.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding workforce dynamics, retirement patterns, and policy considerations related to the economic integration of older female workers in Switzerland.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Swiss government.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess labor market conditions and workforce participation, which can inform policies related to employment, retirement, and the economic integration of older workers.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in data reporting or availability.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for Switzerland (LRAC55FECHA156N), retrieved from FRED.