Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Denmark
Annual, Not Seasonally Adjusted
LFHUTTTTDKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
201,833.30
Year-over-Year Change
-9.76%
Date Range
1/1/1983 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate in Germany. It provides important insights into the overall health and stability of the German labor market.
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 annual, not seasonally adjusted unemployment rate in Germany is a key indicator of the country's economic performance. It represents the percentage of the German labor force that is jobless but actively seeking employment, without adjusting for typical seasonal variations.
Methodology
The data is collected through household surveys by the German Federal Statistical Office.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the strength of the German economy.
Key Facts
- Germany's annual, not seasonally adjusted unemployment rate was 3.2% in 2021.
- The rate has steadily declined from a high of 7.8% in 2005.
- Unemployment levels are a key factor in the formulation of German economic and social policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in Germany, representing the percentage of the German labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The German unemployment rate is a crucial indicator of the country's economic health and labor market conditions, providing important insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the German Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to assess the strength of the German economy and inform the development of economic and social policies.
Q: Are there update delays or limitations?
A: The data is released on a regular basis, with no significant update delays. However, as a non-seasonally adjusted metric, it may be subject to typical seasonal variations.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFHUTTTTDKA647N), retrieved from FRED.