Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for Denmark
LFUN64MADKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98,250.00
Year-over-Year Change
-16.49%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the unemployment rate for Danish men aged 15 to 64 years. It provides valuable insights into the labor market dynamics and can inform policy decisions.
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: Unemployment Male: From 15 to 64 Years for Denmark trend tracks the monthly unemployment rate for Danish men within the specified age group. This metric is a key indicator of labor market health and economic performance.
Methodology
The data is collected through household surveys conducted by Statistics Denmark.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the overall state of the Danish economy.
Key Facts
- Denmark has one of the lowest unemployment rates in Europe.
- The unemployment rate for Danish men aged 15-64 is typically lower than the overall national rate.
- Tracking this trend helps policymakers evaluate the effectiveness of labor market policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for Danish men aged 15 to 64 years, providing insights into the state of the Danish labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely followed by policymakers, economists, and market analysts to assess the overall health of the Danish economy and the effectiveness of labor market policies.
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: Policymakers use this trend to evaluate the performance of the labor market and inform decisions on employment, training, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is released monthly, with a short delay, and provides a comprehensive view of the Danish male unemployment rate within the specified age group.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for Denmark (LFUN64MADKA647N), retrieved from FRED.