Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for Switzerland
LREM55FECHA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.73
Year-over-Year Change
16.69%
Date Range
1/1/2005 - 1/1/2024
Summary
The 'Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for Switzerland' measures the employment rate for Swiss women aged 55 to 64. This key economic indicator provides insights into workforce participation and labor market trends for older workers.
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 data series tracks the percentage of Swiss women aged 55 to 64 who are employed. It is an important metric for understanding labor force dynamics and can inform policymaking around retirement, skills training, and workforce engagement for older adults.
Methodology
The data is collected through household surveys conducted by the Swiss Federal Statistical Office.
Historical Context
This employment rate trend is closely monitored by economists, policymakers, and labor market analysts to assess the economic participation of older Swiss workers.
Key Facts
- The employment rate for Swiss women aged 55-64 was 70.2% in 2021.
- Employment rates for older Swiss women have increased steadily over the past decade.
- Workforce participation of older adults is a key focus area for Swiss economic and social policies.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the employment rate for Swiss women aged 55 to 64 years old. It provides insight into the labor force participation of older female workers in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: The employment rate for older workers is an important indicator of labor market dynamics, workforce engagement, and the economic activity of the aging population. This data informs policymaking and economic analysis.
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: Policymakers and economists closely monitor this employment rate trend to assess the labor force participation of older Swiss adults, which informs policies around retirement, skills training, and workforce engagement.
Q: Are there update delays or limitations?
A: The employment rate data for Swiss women aged 55-64 is updated regularly, with the latest figures available on a quarterly basis.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for Switzerland (LREM55FECHA156N), retrieved from FRED.