Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Denmark
Seasonally Adjusted
LFHUADTTDKA647S • 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
The 'Seasonally Adjusted' employment rate tracks the number of people employed in the U.S. labor force, adjusted to account for regular seasonal variations.
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
This series provides a reliable measure of employment trends by removing the typical seasonal fluctuations in hiring and layoffs that occur throughout the year. It is a key indicator used by economists and policymakers to assess the overall health of the labor market.
Methodology
The data is collected through household surveys and adjusted using statistical models to account for predictable seasonal patterns.
Historical Context
The seasonally adjusted employment rate is closely watched by the Federal Reserve and other institutions in evaluating the strength of the economy and guiding policy decisions.
Key Facts
- The U.S. labor force includes over 160 million workers.
- Seasonal adjustments account for regular hiring and layoff patterns.
- The seasonally adjusted employment rate is a leading economic indicator.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' employment rate tracks the number of people employed in the U.S. labor force, with adjustments made to account for regular seasonal variations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: The seasonally adjusted employment rate is a key indicator used by economists and policymakers to assess the overall health of the labor market, as it provides a more reliable measure of employment trends over time.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and adjusted using statistical models to account for predictable seasonal patterns.
Q: How is this trend used in economic policy?
A: The seasonally adjusted employment rate is closely watched by the Federal Reserve and other institutions in evaluating the strength of the economy and guiding policy decisions.
Q: Are there update delays or limitations?
A: The seasonally adjusted employment data is subject to regular revisions as more information becomes available, and may not fully capture unexpected or irregular changes in hiring and layoff patterns.
Related Trends
Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Denmark
FUELS0DKM086NEST
Production: Manufacturing: Consumer Goods: Durable Goods for Denmark
PRMNCG02DKQ661S
Bank Z-Score for Denmark
DDSI01DKA645NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for Denmark
DNKCPSDCTGYCTGYM
Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Denmark
LFEM74TTDKQ647S
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Denmark
LFEMTTTTDKA657S
Citation
U.S. Federal Reserve, Seasonally Adjusted (LFHUADTTDKA647S), retrieved from FRED.