The unemployment rate in Denmark declined to 4.0 percent in May 2021 from a downwardly revised 4.5 percent in the previous month. It was the lowest jobless rate since February last year, as the number of unemployed people decreased by 13,909 to 115,251, the largest monthly decline in unemployment since the series began in January 2007. Still, the number unemployment in May was 12,500 above the level February 2020, the month before restrictions were imposed due to the coronavirus pandemic in Denmark. source: Statistics Denmark
Unemployment Rate in Denmark averaged 4.63 percent from 2007 until 2021, 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 July of 2021.
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 4.20 in 12 months time. In the long-term, the Denmark Unemployment Rate is projected to trend around 4.10 percent in 2022 and 4.00 percent in 2023, according to our econometric models.