Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Switzerland
LFEM24TTCHA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
540,475.00
Year-over-Year Change
-6.25%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures total employment for individuals aged 15 to 24 years in Switzerland. It provides valuable insights into the labor market participation and economic 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
The Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Switzerland trend tracks the total number of employed individuals within the 15-24 age group in the Swiss labor market. This metric is used by economists and policymakers to monitor youth employment patterns and assess the effectiveness of labor market policies targeting young workers.
Methodology
The data is collected through household surveys and administrative records by the Swiss Federal Statistical Office.
Historical Context
This trend is widely used to inform economic and social policies aimed at promoting youth employment and labor force participation.
Key Facts
- Switzerland has one of the lowest youth unemployment rates in Europe.
- The 15-24 age group accounts for around 10% of the total Swiss labor force.
- Youth employment levels in Switzerland have remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals aged 15 to 24 years in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into youth labor market participation and is used by economists and policymakers to assess the effectiveness of policies targeting young workers.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and administrative records by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is widely used to inform economic and social policies aimed at promoting youth employment and labor force participation in Switzerland.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delay in the most recent observations.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Switzerland (LFEM24TTCHA647S), retrieved from FRED.