The unemployment rate in Denmark stood at 3.8 percent in July 2019, unchanged from the previous month. It remained the highest jobless rate since November last year, as the number of unemployed persons fell by 41 to 104.916 thousand. Unemployment Rate in Denmark averaged 4.68 percent from 2007 until 2019, reaching an all time high of 6.20 percent in August of 2010 and a record low of 2.40 percent in May of 2008.

Unemployment Rate in Denmark is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Denmark to stand at 4.20 in 12 months time. In the long-term, the Denmark Unemployment Rate is projected to trend around 5.10 percent in 2020, according to our econometric models.

Denmark Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-29 06:00 AM Unemployment Rate Apr 3.7% 3.7% 3.8%
2019-06-28 06:00 AM Unemployment Rate May 3.7% 3.7% 3.8%
2019-07-31 06:00 AM Unemployment Rate Jun 3.8% 3.7% 3.9%
2019-08-29 06:00 AM Unemployment Rate Jul 3.8% 3.8% 4%
2019-09-30 06:00 AM Unemployment Rate Aug 3.8% 3.8%
2019-10-31 07:00 AM Unemployment Rate Sep 3.9%
2019-11-29 07:00 AM Unemployment Rate Oct 3.9%


Denmark Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.80 6.20 2.40 percent [+]
Employed Persons 2776.00 2799.00 2838.00 2579.00 Thousand [+]
Unemployed Persons 104915.80 104957.10 165994.20 66578.30 [+]
Long Term Unemployment Rate 1.00 1.10 2.50 0.40 percent [+]
Youth Unemployment Rate 8.30 7.90 17.40 5.40 percent [+]
Productivity 109.54 108.50 111.27 82.79 Index Points [+]
Labour Costs 107.43 107.90 107.90 68.85 Index Points [+]
Wages 41735.60 40953.70 41735.60 35381.53 DKK/Month [+]
Wages in Manufacturing 144.70 140.90 144.70 66.00 Index Points [+]
Population 5.78 5.75 5.78 4.57 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Job Vacancies 37670.00 34435.00 37670.00 15507.00 [+]
Labor Force Participation Rate 69.80 69.90 72.80 67.70 percent [+]
Part Time Employment 686.00 698.50 748.00 480.80 Thousand [+]
Full Time Employment 2088.50 2100.00 2212.40 1922.90 Thousand [+]
Employment Change 0.30 0.50 1.30 -1.60 percent [+]
Employment Rate 66.60 66.50 70.20 63.00 percent [+]


Denmark Unemployment Rate

In Denmark, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Denmark Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.80 6.20 2.40 2007 - 2019 percent Monthly
SA




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.10 Mar/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.20 Jul/19
Indonesia 5.01 Mar/19
Russia 4.30 Aug/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.40 Jul/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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