Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Denmark
Annual, Seasonally Adjusted
LREMTTTTDKA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.23
Year-over-Year Change
6.57%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted unemployment rate in Germany. It is a key indicator of the health of the German labor market and a focus for 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 annual, seasonally adjusted unemployment rate provides a broad overview of employment conditions in Germany over a 12-month period, adjusting for typical seasonal fluctuations. This metric is widely used to assess the strength of the German economy and inform policy decisions.
Methodology
The data is collected through national labor force surveys and adjusted for seasonal variations.
Historical Context
Policymakers and economists closely monitor this trend to gauge the overall performance of the German economy.
Key Facts
- Germany's annual unemployment rate was 3.1% in 2021.
- Unemployment in Germany is significantly lower than the Eurozone average.
- The unemployment rate has steadily declined since the global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted unemployment rate in Germany, providing an overview of employment conditions in the country.
Q: Why is this trend relevant for users or analysts?
A: The annual, seasonally adjusted unemployment rate is a key indicator of the strength of the German economy and is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the overall performance of the German economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with a short delay, and provides a comprehensive view of employment conditions in Germany.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREMTTTTDKA156S), retrieved from FRED.