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Why: Our Danish national source reports, from the quarterly Labor Force Survey, only the number of unemployed and employed.
What: For international consistency, Moody's Analytics has calculated the labor force and unemployment rate, per the International Labor Organization (ILO) definition.
Properties: All four time series start at 1996Q1 and are seasonally adjusted (SA).
How: We used these standard identities:
- Labor force = Unemployment + Employment
- Unemployment Rate = (Unemployment / Labor Force) * 100
| Mnemonic |
Description |
Method |
| |
Labor force survey: ILO Definition - Levels, (Ths. #, SA) |
|
| LWQLFTILOAQ.IDNK |
Labor force |
Identity |
| LWQEMTILOAQ.IDNK |
Employed |
|
| LWQUNTILOAQ.IDNK |
Unemployed |
|
| |
Labor force survey: ILO Definition - Rates, (%, SA) |
|
| LW%URTILOAQ.IDNK |
Unemployment rate |
Identity |
|