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 1.11 in 12 months time. In the long-term, the Denmark Long Term Unemployment Rate is projected to trend around 1.10 percent in 2020, according to our econometric models.


Forecast Data Chart
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Denmark Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.9 3.8 4 4.5 4.6 4.9
Employed Persons 2795 2795 2785 2776 2795 2791
Unemployed Persons 107310 106180 104876 103897 103128 100676
Long Term Unemployment Rate 1.2 1.15 1.15 1.12 1.11 1.1
Youth Unemployment Rate 9.1 9.38 9.14 9.19 9.15 9.15
Productivity 126 126 127 127 126 126
Labour Costs 109 109 109 110 110 111
Wages 40102 41151 41151 41800 41010 42200
Wages in Manufacturing 142 140 143 145 145 155
Population 5.78 5.78 5.78 5.82 5.82 5.87
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Job Vacancies 32598 32838 30643 32869 34716 31696
Labor Force Participation Rate 69.4 69.42 69.46 69.46 69.46 69.46
Part Time Employment 699 689 691 694 695 693
Employment Change 0.4 0.42 0.42 0.44 0.41 0.42
Employment Rate 65.9 65.93 66.01 66.04 66.04 66.05
Full Time Employment 2094 2130 2109 2089 2112 2124