The unemployment rate in Denmark stood at 3.9 percent in November 2018, unchanged from the previous month. It remained the lowest jobless rate since February 2009, as the number of unemployed decreased by 619 to 105.5 thousand. Unemployment Rate in Denmark averaged 4.74 percent from 2007 until 2018, 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 4.50 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 4.50 in 12 months time. In the long-term, the Denmark Unemployment Rate is projected to trend around 4.90 percent in 2020, according to our econometric models.