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. Unemployment Rate in Denmark averaged 4.70 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 4.40 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.

Denmark Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 07:00 AM Unemployment Rate Feb 3.7% 3.7% 3.7%
2019-05-03 06:00 AM Unemployment Rate Mar 3.7% 3.7% 3.7%
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 3.7% 3.9%
2019-08-29 06:00 AM Unemployment Rate Jul 4%
2019-09-30 06:00 AM Unemployment Rate Aug 4%


Denmark Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.70 6.20 2.40 percent [+]
Employed Persons 2776.00 2799.00 2838.00 2579.00 Thousand [+]
Unemployed Persons 102459.70 102970.20 165994.20 66578.30 [+]
Long Term Unemployment Rate 1.00 1.10 2.50 0.40 percent [+]
Youth Unemployment Rate 8.70 9.50 17.40 5.40 percent [+]
Productivity 109.73 108.51 111.27 82.79 Index Points [+]
Labour Costs 108.68 107.87 108.68 68.85 Index Points [+]
Wages 40953.70 40101.77 40953.70 35381.53 DKK/Month [+]
Wages in Manufacturing 140.90 140.40 141.50 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 33522.00 36001.00 36001.00 15507.00 [+]
Labor Force Participation Rate 70.00 69.70 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 0.50 0.40 1.30 -1.60 percent [+]
Employment Rate 66.40 66.00 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 July of 2019.

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




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 13.00 Apr/19
Brazil 12.30 May/19
Argentina 10.10 Mar/19
Italy 9.90 May/19
France 8.70 Mar/19
Euro Area 7.50 May/19
India 6.00 Dec/18
Saudi Arabia 5.70 Mar/19
Canada 5.50 Jun/19
Australia 5.20 Jun/19
Indonesia 5.01 Mar/19
Russia 4.40 Jun/19
South Korea 4.00 Jun/19
United Kingdom 3.80 May/19
United States 3.70 Jun/19
China 3.67 Mar/19
Mexico 3.50 May/19
Netherlands 3.40 Jun/19
Germany 3.10 May/19
Japan 2.40 May/19
Singapore 2.20 Mar/19
Switzerland 2.10 Jun/19


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