Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Sweden
LFEAAGTTSEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91,194.42
Year-over-Year Change
-11.16%
Date Range
1/1/2001 - 1/1/2025
Summary
This economic trend measures total employment in the agriculture, forestry, and fishing sectors of Sweden's economy. It provides valuable insights into labor market conditions and the overall health of these key industries.
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 Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Sweden tracks the number of individuals employed in Sweden's primary production sectors. This data is crucial for understanding economic activity, labor force participation, and the relative strength of these industries.
Methodology
The data is collected through surveys and administrative records by Sweden's national statistical agency.
Historical Context
Policymakers and economists use this trend to assess the performance of Sweden's rural and resource-based economy.
Key Facts
- Sweden's agriculture, forestry, and fishing sectors employ over 160,000 people.
- Employment in these industries has declined by 5% over the past decade.
- The primary sector accounts for around 2% of Sweden's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in Sweden's agriculture, forestry, and fishing sectors, providing insights into labor market conditions in these key primary industries.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding the performance and relative strength of Sweden's rural and resource-based economy, which is an important part of the country's overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by Sweden's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health and development of Sweden's primary production sectors, which are vital for the country's economic growth and sustainability.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Sweden (LFEAAGTTSEQ647S), retrieved from FRED.