Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for Switzerland
LFIN64TTCHQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
929,882.40
Year-over-Year Change
-0.29%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the total number of persons outside the labor force in Switzerland, specifically those aged 15 to 64 years old. It provides insights into labor market participation and availability of working-age individuals.
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: Persons Outside the Labor Force Total: From 15 to 64 Years for Switzerland' metric tracks the population in Switzerland that is not actively employed or seeking employment, representing a crucial indicator of labor market dynamics and potential workforce capacity.
Methodology
The data is collected through household surveys conducted by the Swiss Federal Statistical Office.
Historical Context
This trend is used by economists and policymakers to analyze labor force trends and inform workforce development strategies.
Key Facts
- Switzerland has a working-age population of around 5.3 million.
- The number of persons outside the labor force in Switzerland has remained relatively stable over the past decade.
- Labor force participation rates are higher among men than women in Switzerland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons aged 15 to 64 years old who are outside the labor force in Switzerland, providing insights into labor market participation.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the available workforce and labor market dynamics in Switzerland, which can inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze labor force trends and inform workforce development strategies in Switzerland.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, with some potential for delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for Switzerland (LFIN64TTCHQ647S), retrieved from FRED.