Long Term Unemployment Rate in Denmark increased to 1 percent in the third quarter of 2020 from 0.90 percent in the first quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Denmark averaged 1.23 percent from 1992 until 2020, reaching an all time high of 2.50 percent in the second quarter of 1993 and a record low of 0.40 percent in the third quarter of 2008. This page provides - Denmark Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Long Term Unemployment Rate - values, historical data and charts - was last updated on June of 2021.

Long Term Unemployment Rate in Denmark is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Denmark to stand at 0.60 in 12 months time. In the long-term, the Denmark Long Term Unemployment Rate is projected to trend around 0.60 percent in 2022 and 0.50 percent in 2023, according to our econometric models.

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Denmark Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.90 2.50 0.40 1992 - 2020 percent Quarterly

Denmark Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 4.50 6.20 2.40 percent [+]
Employed Persons 2722.00 2768.00 2798.00 2532.00 Thousand [+]
Unemployed Persons 130720.80 129378.30 165994.20 66578.30 [+]
Long Term Unemployment Rate 1.00 0.90 2.50 0.40 percent [+]
Youth Unemployment Rate 12.30 12.20 17.40 5.40 percent [+]
Labour Costs 106.86 106.02 109.72 66.81 points [+]
Productivity 113.51 111.70 113.51 82.79 points [+]
Wages 42592.14 41735.60 42592.14 35381.53 DKK/Month [+]
Wages in Manufacturing 147.80 147.00 147.80 66.00 points [+]
Population 5.82 5.81 5.82 4.57 Million [+]
Retirement Age Women 66.50 66.00 66.50 65.00 [+]
Retirement Age Men 66.50 66.00 66.50 65.00 [+]
Job Vacancies 33635.00 32845.00 37175.00 15507.00 [+]
Labor Force Participation Rate 69.80 69.10 72.80 67.70 percent [+]
Part Time Employment 637.80 627.30 748.00 480.80 Thousand [+]
Employment Change 0.50 1.30 1.30 -2.20 percent [+]
Employment Rate 65.90 65.00 70.20 63.00 percent [+]
Full Time Employment 2127.90 2120.50 2212.40 1922.90 Thousand [+]


Denmark Long Term Unemployment Rate
In Denmark, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.