Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for Switzerland
LFUN55MACHQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,800.00
Year-over-Year Change
-9.96%
Date Range
4/1/1998 - 1/1/2025
Summary
This trend measures the unemployment rate among men aged 55 to 64 in Switzerland. Understanding labor market dynamics for older workers is crucial for policymakers addressing issues like economic participation and retirement security.
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: Unemployment Male: From 55 to 64 Years for Switzerland dataset tracks the quarterly unemployment rate for Swiss men in the 55-64 age group. This helps economists and policymakers monitor labor force participation and labor market outcomes for older workers.
Methodology
The data is collected through household surveys by the Swiss Federal Statistical Office.
Historical Context
Policymakers use this trend to inform decisions around retirement, social insurance, and economic policies targeting older workers.
Key Facts
- Switzerland's unemployment rate for men aged 55-64 was 3.6% in Q4 2022.
- The unemployment rate for this group has remained below the national average over the past decade.
- Older Swiss workers have higher labor force participation compared to many other European countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly unemployment rate among Swiss men aged 55 to 64 years old.
Q: Why is this trend relevant for users or analysts?
A: Understanding labor market dynamics for older workers is crucial for policymakers addressing issues like economic participation, retirement security, and social welfare.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to inform decisions around retirement, social insurance, and economic policies targeting older workers in Switzerland.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a short delay, providing timely information on this segment of the Swiss labor force.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for Switzerland (LFUN55MACHQ647N), retrieved from FRED.