Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Denmark

LFHUADFEDKM647S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

57,000.00

Year-over-Year Change

46.15%

Date Range

1/1/1983 - 11/1/2023

Summary

This economic trend measures the harmonized unemployment rate for females aged 25 and over in Denmark. It provides key insights into the labor market and overall economic conditions.

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 Harmonized Unemployment Rate is a standardized measure of unemployment used across OECD countries. This series specifically tracks unemployment for Danish women aged 25 and above, offering a nuanced view of the country's workforce dynamics.

Methodology

The data is collected through labor force surveys and calculated according to OECD harmonization guidelines.

Historical Context

Policymakers and analysts use this trend to assess the health of Denmark's labor market and inform economic decision-making.

Key Facts

  • Denmark has one of the highest female labor force participation rates in the OECD.
  • Unemployment among Danish women tends to be lower than the overall national rate.
  • This data series is released monthly by the OECD.

FAQs

Q: What does this economic trend measure?

A: This trend measures the harmonized unemployment rate for females aged 25 and over in Denmark, providing insights into the country's labor market and workforce participation.

Q: Why is this trend relevant for users or analysts?

A: This trend offers valuable information about the employment status of a key demographic group in Denmark, which is useful for policymakers, economists, and labor market analysts.

Q: How is this data collected or calculated?

A: The data is collected through labor force surveys and calculated according to OECD harmonization guidelines to ensure international comparability.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to assess the health of Denmark's labor market and inform economic decision-making, such as employment policies and workforce development initiatives.

Q: Are there update delays or limitations?

A: This data series is released monthly by the OECD, with a typical update delay of 1-2 months.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Denmark (LFHUADFEDKM647S), retrieved from FRED.