Long Term Unemployment Rate in Denmark increased to 0.90 percent in the fourth quarter of 2019 from 0.80 percent in the third quarter of 2019.

Long Term Unemployment Rate in Denmark averaged 1.24 percent from 1992 until 2019, 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 2020. source: Eurostat

Long Term Unemployment Rate in Denmark is expected to be 0.80 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 1.00 in 12 months time. In the long-term, the Denmark Long Term Unemployment Rate is projected to trend around 1.00 percent in 2021 and 0.50 percent in 2022, according to our econometric models.

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Denmark Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.80 2.50 0.40 1992 - 2019 percent Quarterly

Denmark Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 4.10 6.20 2.40 percent [+]
Employed Persons 2767.00 2798.00 2798.00 2532.00 Thousand [+]
Unemployed Persons 152819.70 117293.10 165994.20 66578.30 [+]
Long Term Unemployment Rate 0.90 0.80 2.50 0.40 percent [+]
Youth Unemployment Rate 11.00 10.50 17.40 5.40 percent [+]
Labour Costs 101.58 101.52 104.42 66.81 points [+]
Productivity 111.50 112.38 112.59 82.79 points [+]
Wages 41735.60 40953.70 41735.60 35381.53 DKK/Month [+]
Wages in Manufacturing 144.90 144.20 144.90 66.00 points [+]
Population 5.81 5.78 5.81 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 34487.00 36644.00 37228.00 15507.00 [+]
Labor Force Participation Rate 69.10 69.80 72.80 67.70 percent [+]
Part Time Employment 669.40 686.20 748.00 480.80 Thousand [+]
Employment Change 0.20 0.20 1.30 -1.60 percent [+]
Employment Rate 65.90 66.40 70.20 63.00 percent [+]
Full Time Employment 2127.30 2110.10 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.