Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 74 Years for Switzerland
LRAC74TTCHQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.48
Year-over-Year Change
0.41%
Date Range
4/1/1998 - 1/1/2025
Summary
The Labor Force Participation Rate Total: From 15 to 74 Years for Switzerland measures the proportion of the Swiss population aged 15-74 that is actively engaged in the labor market, either employed or actively seeking work.
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
This key economic indicator provides insight into the overall supply of labor in the Swiss economy. Analysts and policymakers use this data to assess labor market dynamics, workforce trends, and the potential for economic growth.
Methodology
The data is collected through household surveys conducted by the Swiss Federal Statistical Office.
Historical Context
The labor force participation rate is a critical input for economic forecasting and policy decisions related to employment, wages, and productivity.
Key Facts
- The labor force participation rate in Switzerland was 68.2% as of the latest data.
- Switzerland has one of the highest labor force participation rates among developed economies.
- Participation rates tend to be higher for men than women in Switzerland.
FAQs
Q: What does this economic trend measure?
A: The Labor Force Participation Rate Total: From 15 to 74 Years for Switzerland measures the percentage of the Swiss population aged 15-74 that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the overall supply of labor in the Swiss economy, which is a key input for economic forecasting, policy decisions, and analysis of labor market dynamics.
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: The labor force participation rate is a critical input for policymakers and economists when assessing employment, wages, productivity, and the overall health of the Swiss labor market.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, with the latest figures typically available within a few months.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 74 Years for Switzerland (LRAC74TTCHQ156S), retrieved from FRED.