Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Sweden
LFEM55TTSEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.23
Year-over-Year Change
-533.92%
Date Range
1/1/2002 - 1/1/2022
Summary
This economic trend measures employment levels for individuals aged 55 to 64 in Sweden. It provides insights into labor market participation and employment trends among older workers, which is crucial for understanding workforce dynamics and policy implications.
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 55 to 64 Years for Sweden tracks the number of employed individuals between the ages of 55 and 64 in the Swedish labor market. This data is used by economists, policymakers, and labor analysts to assess workforce participation, retirement patterns, and the economic status of older workers.
Methodology
The data is collected through Sweden's national labor force survey.
Historical Context
This trend is relevant for informing policies and programs related to aging populations, retirement, and labor force participation.
Key Facts
- Employment rate for Swedes aged 55-64 is 76.1% as of 2022.
- The employment trend has increased by 10 percentage points since 2010.
- Older worker participation is a key policy focus in Sweden.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment levels for individuals aged 55 to 64 in Sweden.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding workforce dynamics, retirement patterns, and the economic status of older workers in Sweden.
Q: How is this data collected or calculated?
A: The data is collected through Sweden's national labor force survey.
Q: How is this trend used in economic policy?
A: This trend informs policies and programs related to aging populations, retirement, and labor force participation.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Sweden (LFEM55TTSEA657S), retrieved from FRED.