Denmark Long Term Unemployment Rate - Forecast

Long Term Unemployment Rate in Denmark is expected to be 1.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Denmark to stand at 1.15 in 12 months time. In the long-term, the Denmark Long Term Unemployment Rate is projected to trend around 1.15 percent in 2020, according to our econometric models.


Denmark Long Term Unemployment Rate
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Denmark Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 4.1 4.3 4.4 4.6 4.6 5.1
Employed Persons 2756 2734 2736 2735 2731 2710
Unemployed Persons 110814 118353 116818 113033 114945 115155
Long Term Unemployment Rate 1.3 1.15 1.15 1.15 1.15 1.15
Youth Unemployment Rate 9.5 10.46 10.45 10.44 10.43 10.32
Productivity 127 127 127 127 127 127
Labour Costs 107 107 107 107 107 106
Wages 40102 41151 41151 41151 41800 42200
Wages in Manufacturing 137 141 140 143 145 155
Population 5.75 5.8 5.8 5.8 5.8 5.89
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Job Vacancies 29929 33802 33802 33802 33802 33802
Labor Force Participation Rate 68.8 68.75 68.71 68.75 68.73 68.73
Part Time Employment 686 686 684 685 684 685
Employment Change 0.4 0.4 0.4 0.4 0.4 0.4
Employment Rate 65.4 64.59 64.67 64.82 64.87 64.76
Full Time Employment 2068 2066 2063 2065 2063 2064