Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: 15 Years or over for Sweden
Quarterly, Not Seasonally Adjusted
LFINTTTTSEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,861,300.00
Year-over-Year Change
-0.40%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the ratio of the labor force to the total population, providing insights into the size and participation of the working-age population in the labor market.
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 labor force participation rate is a key indicator of economic health and workforce utilization. It represents the percentage of the civilian noninstitutional population that is either employed or actively seeking employment.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers and economists to assess the strength of the labor market and inform policy decisions.
Key Facts
- The labor force participation rate reached its highest point of 67.3% in 2000.
- Participation rates tend to be lower for younger and older workers.
- Women's labor force participation has increased significantly since the 1950s.
FAQs
Q: What does this economic trend measure?
A: The labor force participation rate measures the proportion of the civilian noninstitutional population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the strength and utilization of the labor market, providing insights into the size and engagement of the working-age population.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the labor force participation rate to assess the overall health of the labor market and inform policy decisions related to employment, economic growth, and workforce development.
Q: Are there update delays or limitations?
A: The labor force participation rate data is updated quarterly and may be subject to revisions as new information becomes available.
Related Trends
Leading Indicators OECD: Component series: BTS - Order books: Original series for Sweden
SWELOCOBOORSTSAM
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Sweden
LFWA74TTSEQ647S
Pension Fund Assets to GDP for Sweden
DDDI13SEA156NWDB
Harmonized Index of Consumer Prices: Maintenance and Repair of Personal Transport Equipment for Sweden
CP0723SEM086NEST
Producer Prices Index: Type of goods: Durable consumer goods: Total for Sweden
SWEPITGCD01GYM
Financial Market: Real Effective Exchange Rates: Unit Labor Costs Based for Sweden
CCRETT02SEA661N
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFINTTTTSEQ647N), retrieved from FRED.