Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Sweden
LFEM55TTSEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
993,525.00
Year-over-Year Change
18.74%
Date Range
1/1/2001 - 1/1/2024
Summary
The 'Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Sweden' trend measures the employment rate for Swedish workers aged 55 to 64. This data provides insights into labor force participation and retirement trends among older adults.
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 economic indicator tracks the total number of employed individuals in Sweden between the ages of 55 and 64. It is a useful metric for understanding workforce dynamics and the labor market engagement of older workers in the Swedish economy.
Methodology
The data is collected through labor force surveys conducted by the Swedish statistical agency.
Historical Context
Policymakers and economists analyze this trend to inform decisions around retirement policies, labor force participation, and demographic shifts.
Key Facts
- Sweden's employment rate for ages 55-64 was 76.5% in 2021.
- The trend has shown steady increases over the past decade.
- Older workers comprise a growing share of the Swedish labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment rate for Swedish individuals aged 55 to 64 years old.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into labor force participation and retirement trends among older adults in Sweden, which is relevant for informing policies and understanding demographic shifts.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by the Swedish statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to inform decisions around retirement policies, labor force participation, and demographic changes.
Q: Are there update delays or limitations?
A: There may be slight delays in data reporting, but the trend is updated regularly by the Swedish statistical agency.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Sweden (LFEM55TTSEA647N), retrieved from FRED.