Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Denmark
LREM74MADKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.23
Year-over-Year Change
10.65%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the employment rate for males aged 15 to 74 in Denmark. It is a key indicator of labor market dynamics and economic activity in the country.
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 employment rate is the percentage of the working-age population that is employed. This metric provides insight into the labor force participation and utilization, which are crucial factors for understanding economic performance and guiding policymaking.
Methodology
The data is collected through labor force surveys conducted by national statistical agencies.
Historical Context
Policymakers and economists use this trend to assess the health of the Danish labor market and inform economic and social policies.
Key Facts
- The employment rate for Danish men aged 15-74 is over 70%.
- Denmark has one of the highest male employment rates in the European Union.
- The employment rate for this group has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for males aged 15 to 74 in Denmark, which indicates the percentage of the working-age male population that is employed.
Q: Why is this trend relevant for users or analysts?
A: The male employment rate is a key indicator of labor market performance and economic activity in Denmark. It provides insight into labor force participation and utilization, which are crucial factors for understanding the overall health of the Danish economy.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by Denmark's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the state of the Danish labor market and inform economic and social policies aimed at promoting employment and supporting economic growth.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, typically with a short delay, and provides a comprehensive view of the male employment rate in Denmark.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Denmark (LREM74MADKA156N), retrieved from FRED.