Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Sweden
LRAC24MASEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.81
Year-over-Year Change
1.30%
Date Range
1/1/2001 - 1/1/2025
Summary
The Labor Force Participation Rate for Males Aged 15-24 in Sweden measures the percentage of this demographic that is employed or actively seeking work. This indicator provides insight into labor market participation and engagement among young Swedish men.
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 an important economic metric that tracks the active portion of a population's employment. This specific series focuses on the participation rate for Swedish males aged 15 to 24, offering insights into youth labor force trends and dynamics in the Swedish economy.
Methodology
The data is collected through household surveys conducted by Statistics Sweden.
Historical Context
This trend is relevant for policymakers, economists, and labor market analysts seeking to understand employment patterns and labor force engagement among young Swedish workers.
Key Facts
- The labor force participation rate for Swedish males aged 15-24 was 51.6% in 2021.
- Sweden has one of the highest youth labor force participation rates in Europe.
- Male participation rates are typically higher than female rates in this age group.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Swedish males aged 15-24 who are employed or actively seeking work, providing insights into youth labor force participation.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding patterns and dynamics in the Swedish labor market, particularly youth employment engagement.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Sweden.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and labor market analysts use this trend to inform decisions and understand employment patterns among young Swedish workers.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve's FRED database, with typical update delays of a few months.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Sweden (LRAC24MASEQ156S), retrieved from FRED.