Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 64 Years for Sweden
LRIN64MASEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.73
Year-over-Year Change
-17.93%
Date Range
1/1/2001 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 64 Years for Sweden measures the percentage of working-age Swedish men who are not employed or actively seeking work. This metric offers insights into labor force participation and potential pockets of underutilized economic capacity.
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 indicator tracks the share of Swedish men aged 15 to 64 who are neither employed nor actively looking for a job. It is a key measure of labor market engagement and underutilization, providing economic policymakers with data on potential workforce availability and labor force participation trends.
Methodology
The data is collected through household surveys and reported by the Swedish government.
Historical Context
Inactivity rates are closely monitored by economists and policymakers to assess the overall health of the labor market and identify areas for potential policy intervention.
Key Facts
- Sweden's male inactivity rate averaged 12.3% from 2000 to 2021.
- The inactivity rate for Swedish men peaked at 13.6% in 2010 during the global financial crisis.
- Male inactivity has trended downward in Sweden over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 64 Years for Sweden measures the percentage of working-age Swedish men who are not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into labor force participation and potential pockets of underutilized economic capacity, which are key considerations for economic policymakers.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and reported by the Swedish government.
Q: How is this trend used in economic policy?
A: Inactivity rates are closely monitored by economists and policymakers to assess the overall health of the labor market and identify areas for potential policy intervention.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 64 Years for Sweden (LRIN64MASEA156N), retrieved from FRED.