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Financial News: Denmark Jobless Rate Falls In July

Denmark Jobless Rate Falls In July

08/31/2020 - 03:44:00 (RTTNews)

(RTTNews) - Denmark's jobless rate fell in July, figures from Statistics Denmark showed on Monday.

The gross unemployment rate fell to a seasonally adjusted 5.2 percent in July form 5.4 percent in June.

The gross unemployment fell by 5,500 to 148,100 in July from 153,700 in the preceding month.

The youth jobless rate, which is applicable to the 16 to 24 age group, fell to 2.5 percent in July from 2.7 percent in the previous month.

Based on the LFS data, the jobless rate was 6.0 percent in the 15 to 74 age group. The number of unemployed persons was 181,000 in July.

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