The unemployment rate in Denmark stood at 3.7 percent in November 2019, unchanged from the previous month. It remained the lowest jobless rate since May as the number of unemployed persons rose by 291 to 104.433 thousand.

Unemployment Rate in Denmark averaged 4.66 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. This page provides - Denmark Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Denmark

Unemployment Rate in Denmark is expected to be 4.20 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 4.40 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.


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Denmark Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.70 6.20 2.40 2007 - 2019 percent Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2019-09-30 06:00 AM Aug 3.8% 3.8% 3.8%
2019-10-31 07:00 AM Sep 3.7% 3.7% 3.9%
2019-11-29 07:00 AM Oct 3.7% 3.7% 3.9%
2020-01-08 07:00 AM Nov 3.7% 3.7% 3.8%
2020-01-30 07:00 AM Dec 3.7% 3.8%


News Stream
2019-11-29
Danish Jobless Rate Unchanged at 4-Month Low
The unemployment rate in Denmark stood at 3.7 percent in October 2019, unchanged from the previous month. It remained the lowest jobless rate since May as the number of unemployed persons fell by 398 to 103.893 thousand.

2019-10-31
Danish Jobless Rate Stays at 3-Month Low
The unemployment rate in Denmark stood at 3.7 percent in September 2019, unchanged from a downwardly revised figure in the previous month. It remained the lowest jobless rate since May as the number of unemployed persons fell by 418 to 104.264 thousand.

2019-09-30
Danish Jobless Rate Holds Steady at 3.8% in August
The unemployment rate in Denmark stood at 3.8 percent in August 2019, unchanged from the previous month's figure, as the number of unemployed persons fell by 285 to 104.763 thousand.

2019-08-29
Danish Jobless Rate Unchanged at 3.8% in July
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.

2019-07-31
Danish Jobless Rate Rises to 7-Month High
The unemployment rate in Denmark inched higher to 3.8 percent in June 2019 from 3.7 percent in the previous month. This was the highest jobless rate since November last year, as the number of unemployed persons rose by 938 to 104.289 thousand.

2019-06-28
Danish Jobless Rate Steady at 3.70 Percent
The unemployment rate in Denmark stood at 3.7 percent in May 2019, the same as in each of the previous five months and remaining the lowest level since February of 2009, as the number of unemployed persons fell by 510 to 102.460 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.

Denmark Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.70 6.20 2.40 percent [+]
Employed Persons 2797.00 2781.00 2797.00 2532.00 Thousand [+]
Unemployed Persons 104433.20 104141.80 165994.20 66578.30 [+]
Long Term Unemployment Rate 0.80 0.80 2.50 0.40 percent [+]
Youth Unemployment Rate 9.60 10.50 17.40 5.40 percent [+]
Productivity 111.81 110.56 112.59 82.79 points [+]
Labour Costs 101.52 103.83 104.42 66.81 points [+]
Wages 41735.60 40953.70 41735.60 35381.53 DKK/Month [+]
Wages in Manufacturing 144.30 144.70 144.70 66.00 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 70.40 69.90 72.80 67.70 percent [+]
Part Time Employment 686.20 671.60 748.00 480.80 Thousand [+]
Full Time Employment 2110.10 2107.60 2212.40 1922.90 Thousand [+]
Employment Change 0.30 0.20 1.30 -1.60 percent [+]
Employment Rate 66.80 66.30 70.20 63.00 percent [+]