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Surprising increase in Denmark unemployment in March

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Surprising increase in Denmark unemployment in March
File photo: Ida Guldbæk Arentsen/Ritzau Scanpix
10:12 CEST+02:00
1,500 more people became jobless in March compared to February, new data from Statistics Denmark shows. This brings total unemployment to 111,800, or 4.1 percent of the total workforce.

After a steady decrease in unemployment since July 2017, the number of people in Denmark without jobs increased in March by 0.1 percent, writes dibusiness.dk.

There is, however, still general job growth in the private sector overall.

“It is surprising that unemployment has increased, because large numbers of people have found work in recent months. We are still seeing impressive job growth in the private sector, so I assume that the increase in unemployment in March is a one-off,” the Confederation of Danish Industry’s deputy director Steen Nielsen said.

“Even with the increase, unemployment in March is still very low. The biggest challenge right now is that it is difficult for businesses to find the employees they need,” Nielsen said.

Statistics Denmark has adjusted the unemployment rate for February down from 4.1 percent to 4.0 percent.

READ ALSO: 16,500 job seekers find work every month in Denmark: DI

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