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.

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Denmark Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.00 4.50 6.20 2.40 2007 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-31 06:00 AM Feb 4.6% 4.5% 4.5%
2021-04-29 06:00 AM Mar 4.5% 4.6% 4.8%
2021-05-31 06:00 AM Apr 4.6% 4.5% 4.5%
2021-06-30 06:00 AM May 4.0% 4.5% 4.5%
2021-07-30 06:00 AM Jun 4.0% 4.0%
2021-08-31 06:00 AM Jul 4.4%
2021-09-30 06:00 AM Aug
2021-10-29 07:00 AM Sep


News Stream
Danish Jobless Rate Falls to 15-Month Low
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.
2021-06-30
Danish Jobless Rate Edges Up to 4.6% in April
The unemployment rate in Denmark inched up to 4.6 percent in April 2021 from 4.5 percent in the previous month, as the number of unemployed people increased by 1,232 to 130,721.
2021-05-31
Danish Jobless Rate Edges Down to 4.5% in March
The unemployment rate in Denmark inched down to 4.5 percent in March 2021 from 4.6 percent in the previous month, as the number of unemployed people decreased by 1854 to 128,595.
2021-04-29
Danish Jobless Rate Edges Up to 4-Month High
The unemployment rate in Denmark inched up to 4.6 percent in February 2021 from an upwardly revised 4.5 percent in the previous month. It was the highest reading since last October, as the number of unemployed people increased by 3,755 to 131,665.
2021-03-31

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.