Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for Denmark
LFUN64TTDKQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
210,300.00
Year-over-Year Change
52.61%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the total unemployment rate for individuals aged 15 to 64 in Denmark. It provides crucial insights into the health and dynamics of the Danish 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 Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for Denmark series tracks the percentage of the working-age population in Denmark that is unemployed. This metric is widely used by economists and policymakers to assess the overall state of the Danish economy and labor force.
Methodology
The data is collected through household surveys conducted by the Danish government.
Historical Context
This trend is closely monitored by the Danish central bank and government to inform monetary and fiscal policies.
Key Facts
- Denmark has one of the lowest unemployment rates in Europe.
- Unemployment disproportionately affects young and low-skilled workers.
- Reducing structural unemployment is a key policy objective in Denmark.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate for individuals aged 15 to 64 in Denmark, providing insights into the labor market.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of the overall health and performance of the Danish economy, and is closely monitored by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Danish government.
Q: How is this trend used in economic policy?
A: The Danish central bank and government closely monitor this trend to inform monetary and fiscal policies aimed at maintaining low unemployment and a healthy labor market.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, with minimal delays, and provides a comprehensive view of the Danish labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for Denmark (LFUN64TTDKQ647N), retrieved from FRED.