Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Switzerland
LRUN24TTCHQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
17.65%
Date Range
4/1/1998 - 1/1/2025
Summary
This trend measures the unemployment rate for individuals aged 15 to 24 in Switzerland. It provides key insights into the state of the Swiss labor market and youth employment.
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 Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Switzerland is an important economic indicator that tracks the percentage of the 15-24 year old population in Switzerland who are unemployed and actively seeking work.
Methodology
The data is collected through household surveys conducted by the Swiss Federal Statistical Office.
Historical Context
This trend is widely used by policymakers, economists, and market analysts to assess the health of the Swiss economy and guide employment policies.
Key Facts
- Switzerland's youth unemployment rate averaged 6.8% from 2015-2021.
- Youth unemployment is consistently lower in Switzerland compared to the European Union average.
- The Swiss government closely monitors this trend to inform policies aimed at promoting youth employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate for individuals aged 15 to 24 in Switzerland. It provides insights into the state of youth employment in the Swiss labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for policymakers, economists, and market analysts to assess the health of the Swiss economy and guide employment policies, especially those targeting youth employment.
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 Swiss government closely monitors this trend to inform policies aimed at promoting youth employment and addressing any issues in the labor market.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Swiss Federal Statistical Office, with minimal delays. However, survey-based data may be subject to sampling and reporting limitations.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Switzerland (LRUN24TTCHQ156N), retrieved from FRED.