Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Denmark
LFHUTTTTDKM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
174,000.00
Year-over-Year Change
-13.43%
Date Range
1/1/1983 - 5/1/2025
Summary
This trend measures the total number of unemployed individuals aged 15 and over in Denmark on a monthly basis. It is a key economic indicator used to assess the health of the Danish 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 monthly unemployment total for individuals 15 years and over in Denmark is a widely followed economic statistic that provides insights into the country's employment conditions. This data series is used by policymakers, economists, and analysts to monitor trends and understand the dynamics of the Danish labor force.
Methodology
The data is collected through household surveys conducted by Statistics Denmark.
Historical Context
This unemployment measure is closely watched by the Danish government and the European Central Bank to inform economic and labor market policies.
Key Facts
- Denmark's unemployment rate is one of the lowest in the European Union.
- The unemployment data is released on a monthly basis by Statistics Denmark.
- Tracking this metric is crucial for policymakers to assess the strength of the Danish economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unemployed individuals aged 15 and over in Denmark on a monthly basis. It is a key indicator of the country's labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The monthly unemployment total for Denmark is a widely followed economic statistic that provides insights into the country's employment situation. It is used by policymakers, economists, and analysts to monitor trends and understand the dynamics of the Danish labor force.
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: This unemployment measure is closely watched by the Danish government and the European Central Bank to inform economic and labor market policies.
Q: Are there update delays or limitations?
A: The unemployment data is released on a monthly basis by Statistics Denmark, with minimal delays.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Denmark (LFHUTTTTDKM647S), retrieved from FRED.