Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Denmark
LFHUADTTDKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92,000.00
Year-over-Year Change
-41.15%
Date Range
1/1/1983 - 1/1/2022
Summary
This economic trend measures the harmonized unemployment rate for individuals aged 25 and over in Denmark. It is a key indicator of labor market conditions and economic performance.
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 Harmonized Unemployment Rate is a standardized measure of unemployment used for international comparisons across OECD countries. It represents the share of the labor force that is actively seeking but unable to find work.
Methodology
The data is collected through household labor force surveys conducted by Denmark's national statistical agency.
Historical Context
Policymakers and economists monitor this trend to assess the health of the Danish labor market and inform economic policy decisions.
Key Facts
- Denmark's harmonized unemployment rate averages around 4-5% annually.
- Unemployment tends to be lower in Denmark compared to other European countries.
- The data is published on a monthly basis with a 1-2 month lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the harmonized unemployment rate for individuals aged 25 and over in Denmark, a standardized metric used for international comparisons.
Q: Why is this trend relevant for users or analysts?
A: The harmonized unemployment rate is a key indicator of labor market conditions and economic performance, providing insights into the health of the Danish economy.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys conducted by Denmark's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the Danish labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 1-2 month lag.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Denmark
DNKCPHP0100IXOBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Denmark
DNKCP060000CTGYM
Production: Manufacturing: Investment Goods: Total for Denmark
PRMNVG01DKA661N
Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Denmark
LFHUADMADKM647S
Harmonized Index of Consumer Prices: Gas for Denmark
CP0452DKM086NEST
Infra-Annual Labor Statistics: Working-Age Population Male: From 25 to 54 Years for Denmark
LFWA25MADKQ647S
Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Denmark (LFHUADTTDKA647N), retrieved from FRED.