Number of Persons Engaged for Sweden
EMPENGSEA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
10.38%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Number of Persons Engaged for Sweden' metric tracks the total number of workers, both employees and self-employed, in the Swedish economy. This key labor market indicator provides insights into the overall size and dynamics of the Swedish 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
The 'Number of Persons Engaged' statistic represents the total number of individuals engaged in productive activities in Sweden, including both employees and self-employed workers. This comprehensive labor market measure is used by economists and policymakers to assess the health and growth of the Swedish economy.
Methodology
The data is collected through household and business surveys conducted by Statistics Sweden.
Historical Context
Trends in the number of persons engaged are closely monitored by the Swedish government and central bank to inform economic and labor market policies.
Key Facts
- The number of persons engaged in Sweden reached a record high of 5.23 million in Q4 2021.
- Self-employed workers account for around 10% of the total persons engaged in the Swedish economy.
- The 'Number of Persons Engaged' series dates back to 1993 and is published quarterly by Statistics Sweden.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Persons Engaged for Sweden' metric tracks the total number of workers, both employees and self-employed, actively participating in the Swedish economy.
Q: Why is this trend relevant for users or analysts?
A: This comprehensive labor market indicator provides valuable insights into the overall size and dynamics of the Swedish workforce, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by Statistics Sweden, the official statistical agency of Sweden.
Q: How is this trend used in economic policy?
A: Trends in the number of persons engaged are closely monitored by the Swedish government and central bank to inform economic and labor market policies.
Q: Are there update delays or limitations?
A: The 'Number of Persons Engaged for Sweden' data is published quarterly by Statistics Sweden with a typical release lag of around 3 months.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Sweden (EMPENGSEA148NRUG), retrieved from FRED.