Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for Denmark
Quarterly, Seasonally Adjusted
LFUN64TTDKQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
204,152.10
Year-over-Year Change
56.90%
Date Range
1/1/1999 - 1/1/2025
Summary
This quarterly, seasonally adjusted trend measures the U.S. labor force participation rate, a key indicator of economic health and workforce engagement.
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 labor force participation rate represents the percentage of the working-age population that is employed or actively seeking employment. It is a widely tracked metric for evaluating labor market dynamics and broader economic trends.
Methodology
The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
The labor force participation rate informs policymakers and analysts about the strength of the labor market and economy.
Key Facts
- The U.S. labor force participation rate was 62.2% in January 2023.
- Participation rates have declined since the 2000s due to demographic shifts and other factors.
- The rate is a crucial measure of economic health and labor market engagement.
FAQs
Q: What does this economic trend measure?
A: The labor force participation rate measures the percentage of the working-age population that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of economic health and workforce engagement, informing policymakers and analysts about the strength of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate informs policymakers and analysts about the strength of the labor market and economy, which can influence decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The labor force participation rate data is updated monthly and is subject to revisions as more information becomes available.
Related Trends
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DNKFCLODCGGDPPT
Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Denmark
DNKCP020000IXNBM
Constant GDP per capita for Denmark
NYGDPPCAPKDDNK
Amount Outstanding of Domestic Debt Securities for Non-financial Corporations Issuers, All Maturities, Residence of Issuer in Denmark
DSAMRIAONCDK
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for Denmark
LFUN64TTDKQ647N
Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for Denmark
LREM55FEDKQ156S
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUN64TTDKQ647S), retrieved from FRED.