Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Denmark
LFAC25TTDKQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,013,197.00
Year-over-Year Change
2.36%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the total labor force participation rate for individuals aged 25 to 54 in Denmark. It provides valuable insights into the working-age population's labor market engagement.
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: Labor Force Total: From 25 to 54 Years for Denmark tracks the labor force participation rate of the prime working-age demographic in Denmark. This data series is widely used by economists and policymakers to analyze trends in labor market dynamics and workforce utilization.
Methodology
The data is collected through household surveys conducted by the Danish statistical agency.
Historical Context
This trend is relevant for assessing the health and resiliency of Denmark's labor market and informing economic and social policies.
Key Facts
- Denmark's labor force participation rate for ages 25-54 is over 85%.
- The 25-54 age group accounts for nearly two-thirds of Denmark's total labor force.
- Denmark's prime-age labor force participation has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor force participation rate for individuals aged 25 to 54 in Denmark. It provides insights into the working-age population's engagement in the labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists and policymakers to analyze the health and dynamics of Denmark's labor market, which is crucial for economic growth and workforce utilization.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Danish statistical agency.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic and social policies in Denmark, as it provides insights into the labor market's health and the working-age population's engagement.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, with minimal delays, providing timely information on Denmark's prime-age labor force participation.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Denmark (LFAC25TTDKQ647S), retrieved from FRED.