Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Denmark
Quarterly, Seasonally Adjusted
LRUNTTTTDKQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.34
Year-over-Year Change
47.22%
Date Range
1/1/1990 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the total civilian labor force in Denmark on a quarterly basis, adjusted for seasonal variations. This key economic indicator provides insights into labor market dynamics and workforce participation.
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 labor force participation metric tracks the total number of people employed or actively seeking employment in Denmark. It is a core measure used by economists and policymakers to gauge the health and utilization of the national workforce.
Methodology
The data is collected through household surveys conducted by Statistics Denmark.
Historical Context
Quarterly labor force figures are closely monitored by the Danish government and central bank to inform economic and employment policies.
Key Facts
- Denmark's labor force totaled 3.02 million in Q4 2022.
- The labor force participation rate was 69.4% in Q4 2022.
- Denmark has one of the highest employment rates in the OECD.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the total civilian labor force in Denmark, including both employed and unemployed individuals actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a comprehensive view of the Danish labor market and workforce participation, which are key inputs for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Denmark, the national statistical agency.
Q: How is this trend used in economic policy?
A: Quarterly labor force figures are closely monitored by the Danish government and central bank to inform employment, macroeconomic, and social policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay for data collection and processing.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUNTTTTDKQ156S), retrieved from FRED.