Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Denmark
LMUNRRTTDKM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.50
Year-over-Year Change
6.06%
Date Range
1/1/1970 - 6/1/2017
Summary
This economic trend measures the total number of registered unemployed individuals in Denmark, providing insight into the country's labor market dynamics.
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 Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Denmark series tracks the total count of registered unemployed persons in the Danish economy. This metric is a key indicator of labor market conditions and is used by policymakers and analysts to assess employment trends.
Methodology
The data is collected by the Danish government through national labor force surveys.
Historical Context
This unemployment trend is closely monitored by the Danish central bank and other economic institutions to inform policy decisions.
Key Facts
- Denmark has one of the lowest unemployment rates in the European Union.
- Registered unemployment is a narrower measure than the broader labor force survey.
- Unemployment data is released on a monthly basis by the Danish government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of registered unemployed individuals in Denmark, providing insight into the country's labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The registered unemployment metric is a key indicator used by policymakers and economists to assess the state of the Danish labor market and inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the Danish government through national labor force surveys.
Q: How is this trend used in economic policy?
A: The registered unemployment trend is closely monitored by the Danish central bank and other economic institutions to help inform policy decisions related to the labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The unemployment data is released on a monthly basis by the Danish government, with a typical update delay of several weeks.
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Citation
U.S. Federal Reserve, Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Denmark (LMUNRRTTDKM156S), retrieved from FRED.