Number of Persons Engaged for Denmark
EMPENGDKA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.97
Year-over-Year Change
1.88%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Number of Persons Engaged' trend measures the total number of individuals employed in Denmark, including both employees and self-employed workers. This metric provides valuable insights into the overall state of the Danish labor market.
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 'Number of Persons Engaged' statistic represents the total number of individuals actively participating in Denmark's economy, regardless of their employment status. This data point is widely used by economists and policymakers to assess the health and dynamics of the Danish labor force.
Methodology
The data is collected through national surveys and census reports conducted by Denmark's statistical agency.
Historical Context
This trend is closely monitored by the Danish government and central bank to inform economic policies and decision-making.
Key Facts
- Denmark has a highly skilled and productive workforce.
- The 'Number of Persons Engaged' trend has remained relatively stable in recent years.
- This metric is a key input for monitoring Denmark's economic performance and competitiveness.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Persons Engaged' trend measures the total number of individuals employed in Denmark, including both employees and self-employed workers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the overall state of the Danish labor market, which is crucial for economists and policymakers to assess the health and dynamics of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected through national surveys and census reports conducted by Denmark's statistical agency.
Q: How is this trend used in economic policy?
A: The 'Number of Persons Engaged' trend is closely monitored by the Danish government and central bank to inform economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is published regularly by Denmark's statistical agency, with minimal update delays.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Denmark (EMPENGDKA148NRUG), retrieved from FRED.