Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Denmark
Monthly, Seasonally Adjusted
LMUNRLTTDKM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92,979.90
Year-over-Year Change
4.22%
Date Range
6/1/1963 - 6/1/2017
Summary
The 'Monthly, Seasonally Adjusted' trend measures the unemployment rate in Thailand. This key economic indicator provides insights into the health of the Thai labor market and is closely watched by policymakers and analysts.
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 unemployment rate is the percentage of the total labor force that is jobless, available for work, and actively seeking employment. It is a widely used metric for assessing the strength of an economy and labor market conditions.
Methodology
The data is collected through household surveys conducted by the National Statistical Office of Thailand.
Historical Context
The Thai unemployment rate is a vital input for monetary and fiscal policy decisions.
Key Facts
- Thailand's unemployment rate averaged 1.02% from 2001 to 2022.
- The lowest recorded unemployment rate in Thailand was 0.37% in January 2022.
- The highest recorded unemployment rate in Thailand was 2.15% in May 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' trend measures the unemployment rate in Thailand, which is the percentage of the total labor force that is jobless, available for work, and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Thai unemployment rate is a key economic indicator that provides insights into the health of the labor market and overall economic conditions. It is closely watched by policymakers and analysts for informing monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the National Statistical Office of Thailand.
Q: How is this trend used in economic policy?
A: The Thai unemployment rate is a vital input for monetary and fiscal policy decisions, as it reflects the strength of the labor market and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly, with occasional delays or revisions, and may not capture all aspects of the labor market.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LMUNRLTTDKM647S), retrieved from FRED.