Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Denmark
LFHUADMADKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48,000.00
Year-over-Year Change
-47.92%
Date Range
1/1/1983 - 1/1/2022
Summary
The Harmonized Unemployment rate for males aged 25 and over in Denmark provides a key indicator of labor market conditions and economic performance.
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 monthly economic indicator measures the percentage of the Danish male labor force aged 25 and above who are unemployed and actively seeking work. It is a standardized, internationally comparable metric used to assess employment trends.
Methodology
The data is collected through household surveys conducted by national statistical agencies and harmonized by the OECD.
Historical Context
Policymakers and analysts use this metric to gauge the health of the Danish economy and inform decisions around fiscal and monetary policy.
Key Facts
- Denmark's male unemployment rate was 3.1% as of the latest data.
- The harmonized metric ensures consistent cross-country comparisons.
- Unemployment is a key factor in assessing economic performance.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of the Danish male labor force aged 25 and above who are unemployed and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This standardized metric is widely used by policymakers and economists to gauge the health of the Danish labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Denmark's national statistical agency and harmonized by the OECD.
Q: How is this trend used in economic policy?
A: Governments and central banks closely monitor this unemployment rate to inform decisions around fiscal, monetary, and labor market policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Denmark (LFHUADMADKA647N), retrieved from FRED.