Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Denmark
LRAC25TTDKQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.19
Year-over-Year Change
0.59%
Date Range
1/1/1999 - 1/1/2025
Summary
The Labor Force Participation Rate for Danes aged 25 to 54 measures the percentage of the working-age population in this demographic that is employed or actively seeking work. This key indicator provides insight into labor market dynamics and trends in the Danish economy.
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 Labor Force Participation Rate is a widely used economic statistic that represents the proportion of the working-age population that is employed or actively looking for work. This metric is important for analyzing labor market trends and can inform policy decisions related to employment, economic growth, and social programs.
Methodology
This data is collected through household surveys conducted by Statistics Denmark.
Historical Context
Policy makers and economists closely monitor labor force participation rates to assess the health of the Danish labor market and overall economy.
Key Facts
- Denmark's labor force participation rate for 25-54 year olds is over 80%.
- The rate has remained relatively stable over the past decade.
- High labor force participation is associated with economic prosperity in Denmark.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of the Danish population aged 25 to 54 that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key metric for understanding the strength of the Danish labor market and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Denmark.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor labor force participation rates to assess labor market dynamics and inform decisions on employment, economic, and social policies.
Q: Are there update delays or limitations?
A: There may be a short delay in the reporting of this data, but it is generally published on a regular basis by the Danish statistical agency.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Denmark (LRAC25TTDKQ156S), retrieved from FRED.