Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Denmark
LFEM55TTDKQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
591,000.00
Year-over-Year Change
6.35%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic indicator tracks employment levels for individuals aged 55 to 64 in Denmark. It provides insights into labor force participation and aging trends within the Danish workforce.
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: Employment Total: From 55 to 64 Years for Denmark metric measures the total number of employed persons aged 55 to 64 in the country. This data point is useful for analyzing labor market dynamics and demographic shifts within the Danish economy.
Methodology
The data is collected through household and employer surveys conducted by national statistical agencies.
Historical Context
Policymakers and economists use this metric to inform decisions around retirement, social programs, and labor force policies.
Key Facts
- Denmark has one of the highest employment rates for older workers in the OECD.
- Employment among Danes aged 55-64 has increased by over 10% in the past decade.
- Policies promoting active aging have contributed to higher labor force participation in this age group.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employed persons aged 55 to 64 in Denmark, providing insights into labor force participation and demographic trends in the Danish workforce.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for policymakers and economists studying labor market dynamics, aging trends, and the effectiveness of policies promoting active aging and extended workforce participation.
Q: How is this data collected or calculated?
A: The data is collected through household and employer surveys conducted by national statistical agencies in Denmark.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to inform decisions around retirement, social programs, and labor force policies aimed at supporting older workers and adapting to demographic shifts.
Q: Are there update delays or limitations?
A: This data is released on an infra-annual basis, with potential lags in availability due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Denmark (LFEM55TTDKQ647N), retrieved from FRED.