Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Denmark
LRINTTTTDKQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.70
Year-over-Year Change
-6.97%
Date Range
1/1/1999 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Denmark measures the percentage of the Danish population aged 15 and above who are not actively employed or seeking work. This metric provides insight into labor market participation and economic activity.
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
This indicator tracks the share of the Danish population aged 15 and older who are not in the labor force, meaning they are neither employed nor actively looking for a job. It is a key statistic used by economists and policymakers to assess the utilization of a country's human capital resources.
Methodology
The data is collected through household surveys conducted by Statistics Denmark.
Historical Context
The inactivity rate is closely monitored by the Danish government and central bank to inform policies aimed at promoting labor force participation and economic growth.
Key Facts
- Denmark's inactivity rate averaged around 20% over the past decade.
- The inactivity rate tends to be higher among older age groups and women.
- Reducing inactivity is a key policy goal to boost Denmark's economic potential.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Denmark measures the percentage of the Danish population aged 15 and above who are not actively employed or seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into labor market participation and the utilization of a country's human capital resources, which are key factors for economic growth and development.
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: The inactivity rate is closely monitored by the Danish government and central bank to inform policies aimed at promoting labor force participation and economic growth.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, with some potential for delays in data collection and publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Denmark (LRINTTTTDKQ156N), retrieved from FRED.