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Financial News: Denmark Jobless Rate Lowest Since November 2008

Denmark Jobless Rate Lowest Since November 2008

01/07/2022 - 07:11:00 (RTTNews)

(RTTNews) - Denmark's jobless rate declined to the lowest since November 2008, figures from Statistics Denmark showed on Friday.

On a seasonally adjusted basis, the gross unemployment rate fell to 2.8 percent in November from 3.0 percent in October.

The gross unemployment fell by 6,900 persons to 80,600 in November from 87,500 in the preceding month.

The youth jobless rate, which is applicable to the 16 to 24 age group, decreased to 1.1 percent in November from 1.2 percent in the previous month.

Based on the LFS data, the number of unemployed persons was 154,000 in November.

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