Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Switzerland
LRHUTTTTCHQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.63
Year-over-Year Change
4.53%
Date Range
4/1/1999 - 1/1/2025
Summary
The monthly unemployment rate for individuals aged 15 and over in Switzerland. This metric provides insight into the health of the Swiss labor market and helps guide economic policy.
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 monthly unemployment rate is a key indicator of economic activity and labor market conditions. It measures the percentage of the total labor force that is jobless but actively seeking employment. Economists and policymakers closely monitor this data to assess employment trends and make informed decisions.
Methodology
The data is collected through household surveys conducted by the Swiss Federal Statistical Office.
Historical Context
The Swiss unemployment rate is used by the Swiss National Bank and other institutions to evaluate the strength of the Swiss economy and inform monetary policy decisions.
Key Facts
- The Swiss unemployment rate has remained below 5% for the past decade.
- Switzerland has one of the lowest unemployment rates in Europe.
- The unemployment rate is a key indicator of the health of the Swiss economy.
FAQs
Q: What does this economic trend measure?
A: The monthly unemployment rate for individuals aged 15 and over in Switzerland. It represents the percentage of the total labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Swiss unemployment rate is a crucial indicator of the health of the Swiss labor market and broader economic conditions. It helps guide economic policy decisions by the Swiss National Bank and other institutions.
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 Swiss unemployment rate is closely monitored by the Swiss National Bank and other institutions to evaluate the strength of the Swiss economy and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The monthly unemployment rate data is published with a short lag, typically within a month of the reference period.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Switzerland (LRHUTTTTCHQ156S), retrieved from FRED.