Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for Switzerland
LFWA25TTCHA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,673,850.00
Year-over-Year Change
5.55%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the total working-age population in Switzerland between 25 and 54 years old. It provides insights into the size and composition of the country's labor force, which is crucial for economic and policy planning.
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 working-age population (25-54 years) is a key indicator of the available labor supply in an economy. Analyzing trends in this statistic helps economists and policymakers understand the potential for economic growth, labor market dynamics, and the long-term sustainability of social programs.
Methodology
The data is collected through national labor force surveys conducted by the Swiss Federal Statistical Office.
Historical Context
This trend is widely used by government agencies, central banks, and international organizations to inform economic and social policies.
Key Facts
- Switzerland's working-age population (25-54) was 3.9 million in 2021.
- The working-age population has grown by 6.5% over the past decade.
- Women account for 49.3% of the working-age population in Switzerland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people in Switzerland between the ages of 25 and 54, which is considered the prime working-age population.
Q: Why is this trend relevant for users or analysts?
A: The size and composition of the working-age population is a key indicator of a country's labor force potential, which is essential for economic planning, labor market analysis, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Governments, central banks, and international organizations use this trend to inform economic and social policies related to employment, labor force participation, and the long-term sustainability of social programs.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be a short delay between the reference period and the publication of the statistics.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for Switzerland (LFWA25TTCHA647N), retrieved from FRED.