The unemployment rate in Denmark declined to 4.9 percent in August 2020 from 5.2 percent in the previous month. This was the lowest jobless rate since March, as the number of unemployed people decreased by 9,711 to 137,804. source: Statistics Denmark

Unemployment Rate in Denmark averaged 4.65 percent from 2007 until 2020, 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. This page provides - Denmark Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Unemployment Rate in Denmark is expected to be 6.20 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 6.00 in 12 months time. In the long-term, the Denmark Unemployment Rate is projected to trend around 5.10 percent in 2021 and 4.60 percent in 2022, according to our econometric models.

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Denmark Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.90 5.20 6.20 2.40 2007 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-30 06:00 AM May 5.6% 5.4% 5.8%
2020-07-30 06:00 AM Jun 5.5% 5.6% 6%
2020-08-31 06:00 AM Jul 5.2% 5.4% 6%
2020-09-30 06:00 AM Aug 4.9% 5.2% 6%
2020-10-30 07:00 AM Sep 4.9% 6.2%
2020-11-30 07:00 AM Oct


News Stream
Danish Jobless Rate Falls to 5-Month Low
The unemployment rate in Denmark declined to 4.9 percent in August 2020 from 5.2 percent in the previous month. This was the lowest jobless rate since March, as the number of unemployed people decreased by 9,711 to 137,804.
2020-09-30
Danish Jobless Rate Lowest in 4 Months
The unemployment rate in Denmark declined to 5.2 percent in July 2020 from a downwardly revised 5.4 percent in the previous month. This was the lowest jobless rate since March, as the number of unemployed people decreased by 5,528 to 149,147.
2020-08-31
Danish Jobless Rate Edges Down to 5.5%
The unemployment rate in Denmark inched down to 5.5 percent in June 2020 from 5.6 percent in the previous month, as the number of unemployed people declined by 4,067 to 154,603.
2020-07-30
Danish Jobless Rate Highest Since 2013
The unemployment rate in Denmark increased to 5.6 percent in May 2020 from 5.4 percent in the previous month. This was the highest jobless rate since December 2013, as the number of unemployed people rose by 6,223 to 159,354.
2020-06-30

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.