This situation impeded the basis for economic policy-making. I’m not criticising Statistics Denmark; I’m merely outlining some of our recent problems with statistical timeliness. It was also difficult to obtain a clear picture of employment, and to a lesser extent unemployment.
Employment is compiled as an integral part of the national accounts, among other methods, but in recent years we have seen very substantial revisions of the data releases. In a cyclical assessment context, this is bad news. Another consequence has been that it is difficult to obtain reliable data for labour productivity in the private sector.