Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Denmark
LFHUTTMADKM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84,000.00
Year-over-Year Change
-10.64%
Date Range
1/1/1983 - 5/1/2025
Summary
This economic trend measures the monthly unemployment rate for males aged 15 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 monthly unemployment rate for Danish males aged 15 and over is an important metric used by economists and policymakers to assess the health of the Danish labor market and broader economy. It provides timely data on employment levels and labor force participation.
Methodology
This data is collected through household surveys conducted by Statistics Denmark.
Historical Context
The unemployment rate is a closely watched statistic used to inform economic and monetary policy decisions.
Key Facts
- Denmark has a population of around 5.8 million people.
- The Danish economy is known for its high living standards and strong social welfare system.
- Denmark's unemployment rate is typically lower than the European Union average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for Danish males aged 15 and over, providing insight into the health of the Danish labor market.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key economic indicator used by policymakers, analysts, and the public to assess the strength of the Danish economy and labor market conditions.
Q: How is this data collected or calculated?
A: This data is collected through household surveys conducted by Statistics Denmark.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Danish government and central bank to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a short delay, providing timely information on labor market conditions.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Denmark (LFHUTTMADKM647S), retrieved from FRED.