Quarterly, Seasonally Adjusted
DNKURHARMQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.50
Year-over-Year Change
50.00%
Date Range
1/1/1982 - 1/1/2012
Summary
The Quarterly, Seasonally Adjusted series measures Denmark's unemployment rate, a key economic indicator that reflects labor market conditions and helps guide policymaking.
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 tracks the percentage of Denmark's labor force that is unemployed on a quarterly basis, with seasonal adjustments to account for recurring patterns. It is a widely-watched metric used by economists, policymakers, and investors to assess the overall health of the Danish economy.
Methodology
The data is collected through household surveys conducted by Statistics Denmark.
Historical Context
Denmark's unemployment rate is closely monitored by the central bank and government for insights into consumer demand, wage pressures, and the need for policy interventions.
Key Facts
- Denmark's unemployment rate averaged 4.3% from 1980 to 2022.
- The highest recorded unemployment rate was 7.7% in 1993.
- Unemployment has remained below 5% since 2017.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks Denmark's unemployment rate, which reflects the percentage of the labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: Denmark's unemployment rate is a key indicator of labor market conditions and overall economic health, providing insights that are valuable for policymakers, businesses, and investors.
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: Denmark's unemployment rate is closely monitored by the central bank and government to assess consumer demand, wage pressures, and the need for policy interventions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical update delay of several weeks.
Related Trends
Bank's Return on Equity for Denmark
DDEI06DKA156NWDB
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Denmark
ULQELP01DKQ657S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Goods for Denmark
DNKCPGRGO01GYM
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Denmark
LREM74MADKA156N
Private Credit by Deposit Money Banks to GDP for Denmark
DDDI01DKA156NWDB
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Denmark
LFEMTTTTDKA657S
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (DNKURHARMQDSMEI), retrieved from FRED.