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.

Denmark Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-28 06:00 AM Unemployment Rate 3.9% 3.9% 3.8%
2018-10-31 07:00 AM Unemployment Rate 3.9% 3.9% 3.8%
2018-11-30 07:00 AM Unemployment Rate 3.9% 3.9% 3.8%
2019-01-04 07:00 AM Unemployment Rate 3.9% 3.9% 3.80%
2019-01-31 07:00 AM Unemployment Rate 3.9% 4.00%
2019-02-28 07:00 AM Unemployment Rate 4.50%
2019-03-29 06:00 AM Unemployment Rate 4.50%


Denmark Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.90 6.20 2.40 percent [+]
Employed Persons 2801.00 2795.00 2838.00 2579.00 Thousand [+]
Unemployed Persons 105529.50 106432.20 165994.20 66578.30 [+]
Long Term Unemployment Rate 1.00 1.20 2.50 0.40 percent [+]
Youth Unemployment Rate 8.40 8.40 17.40 5.40 percent [+]
Productivity 127.81 126.05 131.29 99.02 Index Points [+]
Labour Costs 108.03 108.77 108.77 68.86 Index Points [+]
Wages 40953.70 40101.77 40953.70 35381.53 DKK/Month [+]
Wages in Manufacturing 140.50 141.50 141.50 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 36274.00 35063.00 36274.00 15507.00 [+]
Labor Force Participation Rate 69.30 69.30 72.80 67.70 percent [+]
Part Time Employment 659.60 699.40 748.00 480.80 Thousand [+]
Employment Change 0.30 0.40 1.30 -1.60 percent [+]
Employment Rate 65.90 66.00 70.20 63.00 percent [+]
Full Time Employment 2140.80 2094.50 2212.40 1922.90 Thousand [+]


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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.90 6.20 2.40 2007 - 2018 percent Monthly
SA




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.60 Nov/18
Turkey 11.60 Oct/18
Italy 10.50 Nov/18
France 9.10 Sep/18
Argentina 9.00 Sep/18
Euro Area 7.90 Nov/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Dec/18
Indonesia 5.34 Sep/18
Australia 5.10 Nov/18
Russia 4.80 Nov/18
United Kingdom 4.10 Oct/18
United States 3.90 Dec/18
China 3.82 Sep/18
South Korea 3.80 Dec/18
Netherlands 3.60 Dec/18
India 3.52 Dec/17
Germany 3.30 Nov/18
Mexico 3.30 Nov/18
Switzerland 2.70 Dec/18
Japan 2.50 Nov/18
Singapore 2.10 Sep/18


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