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Unemployment Rate in Denmark surprisingly decreased

4 Mar 2010

Today’s unemployment figures are positive for the Danish economy. See the brand new figures from Statistics Denmark from January 2010 today.

(photo: GDS Digital, flickr)

Unemployment was expected to continue to rising in the new year. According to expectations, unemployment would have risen to 4.5 percent.

But it did not happen. Instead, the registered unemployment fell by 200 persons from December to January.

It resulted in an unchanged unemployment rate of 4.2 percent of the workforce, which corresponds to 118,000 unemployed persons.

During the 4th Quarter of 2009, unemployment rose by 2,300 people – equivalent to two percent.

Broken down by service type, the number of unemployed benefit recipients has risen by one percent. At the same time, the arrival of five percent more unemployed recipients of social assistance.

The older employees have experienced the largest increase in unemployment in the last quarter. Thus the unemployment rate for the 60-64-year olds has increased by eight percent. Conversely, it decreased by five percent for the 16-24-year-olds.

Nordkraft .biz Magazine

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