Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Switzerland
LRINTTTTCHA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.50
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Switzerland measures the percentage of the Swiss population aged 15 and above who are not participating in the labor force. This metric is an important indicator of labor market trends and economic conditions.
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 represents the total labor inactivity rate in Switzerland, providing insights into the share of the working-age population that is neither employed nor actively seeking work. Economists and policymakers use this data to assess the overall utilization of the Swiss labor force.
Methodology
The data is collected and calculated by the Swiss Federal Statistical Office.
Historical Context
The inactivity rate is a key consideration for Swiss economic and labor market policies.
Key Facts
- The current inactivity rate in Switzerland is around 35%.
- Switzerland has one of the lowest labor inactivity rates among OECD countries.
- The inactivity rate has remained relatively stable in Switzerland over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Switzerland measures the percentage of the Swiss population aged 15 and above who are not participating in the labor force.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of labor market trends and economic conditions in Switzerland, providing insights into the overall utilization of the country's labor force.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The inactivity rate is a key consideration for Swiss economic and labor market policies, as it helps policymakers assess the overall participation in the labor force.
Q: Are there update delays or limitations?
A: The data is released 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 Total: 15 Years or over for Switzerland (LRINTTTTCHA156N), retrieved from FRED.