Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Denmark
Annual, Seasonally Adjusted
LFAC74TTDKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,263,250.00
Year-over-Year Change
13.77%
Date Range
1/1/1999 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted employment rate in the United States. It is a key economic indicator used by policymakers and analysts to assess the overall health of the 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 annual, seasonally adjusted employment rate tracks the percentage of the eligible civilian population that is employed. It is a widely followed metric that provides insight into the strength and stability of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through its monthly household surveys.
Historical Context
Policymakers and economists closely monitor the employment rate to inform decisions around monetary and fiscal policy.
Key Facts
- The current annual, seasonally adjusted employment rate is X.X%.
- The employment rate has increased/decreased by Y.Y percentage points over the past Z years.
- Historically, the employment rate has ranged from A% to B%.
FAQs
Q: What does this economic trend measure?
A: The annual, seasonally adjusted employment rate measures the percentage of the eligible civilian population that is employed in the United States.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a key indicator of the overall health and strength of the U.S. labor market, making it essential for policymakers, economists, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through its monthly household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor the employment rate to inform decisions around monetary and fiscal policy, as it provides insight into the broader economic conditions.
Q: Are there update delays or limitations?
A: The employment rate data is released monthly with a lag of approximately one month, and may be subject to revisions as more information becomes available.
Related Trends
Harmonized Index of Consumer Prices: Overall Index Excluding Alcohol and Tobacco for Denmark
00XALCDKM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Denmark
CPHPTT01DKM659N
Production, Sales, Work Started and Orders: Construction Work Started on Dwellings: Economic Activity: Construction of Buildings for Denmark
DNKWSCNDW01IXOBSAM
Harmonized Index of Consumer Prices: Purchase of Vehicles for Denmark
CP0710DKM086NEST
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Denmark
NAEXKP01DKQ189S
Private Credit by Deposit Money Banks to GDP for Denmark
DDDI01DKA156NWDB
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC74TTDKA647S), retrieved from FRED.